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26: A company sold land for $40,000 that had an original cost of $25,000. What is the effect of this transaction on cash flow? Options
26: A company sold land for $40,000 that had an original cost of $25,000. What is the effect of this transaction on cash flow? Options for Question 25:
$15,000 increase in cash flow from operations.
Increase cash flow from investing activities by $25,000.
Increase cash flow from investing activities by $40,000.
Increase in cash flow from investing activities of $15,000.
None of the above
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