29 (2 points) Equipment with a cost of $500 and a carrying amount (net book value) of $350 was sold for a gain of $20. How much cash should be added in the investing section in the Statement of Cash Flows? $370 $520 $500 $170 Question 30 (2 points) During the year, Juniper Inc., who uses the allowance method, made an entry to write off a $2,000 uncollectible account. Before this entry was posted, the balance in accounts receivable was $40,000 and the balance in the allowance account was $3,500 (credit). The net realizable value of accounts receivable after the write off entry was: $38,500 $36,500 $40,000 $41,500 Question 31 (1 point) Repayment of a bank loan is added in the financing section of the Statement of Cash Flows. True False