4. How should gain on sale of an office building owned by the entity be presented in a cash flow statement? a) As an inflow in the investing activities section of the cash flow because it pertains to a long-term asset. b) As an inflow in the financing activities section of the cash flow statement because the building was constructed with a long-term loan from a bank that needs to be repaid from the sale proceeds. c) As an adjustment to the net income in the operating activities section of the cash flow statement prepared under the indirect method. d) Added to the sale proceeds and presented in the investing activities section of the cash flow statement