22. When equipment is sold for cash, the amount received is reected as a cash a. inflow in the operating section. b. inow in the financing section. c. inow in the investing section. d. outow in the operating section. 23. Assume the following sales data for a company: 2013 $1,200,000 2012 300,000 2011 340,000 2010 000,000 If 2010 is the base year, what is the percentage increase in sales from 2010 to 2012? a. 100% b. 150% c. 20% d. 60.0%