Question: View Policies Current Attempt in Progress Equipment which cost $436000 and had accumulated depreciation of $245000 was sold for $218000. This transaction should be shown
View Policies Current Attempt in Progress Equipment which cost $436000 and had accumulated depreciation of $245000 was sold for $218000. This transaction should be shown on the statement of cash flows (indirect method) as a(n) deduction from net income of $27000 and a $218000 cash inflow from investing activities. deduction from net income of $27000 and a $191000 cash inflow from investing activities. addition to net income of $27000 and a $191000 cash inflow from financing activities. addition to net income of $27000 and a $218000 cashioflow from financing activities. Save for Later Attempts:0 of 1 used Submit
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