4 Investments (long term asset) increased by $25 During the year an investment with an original cost of $8 was sold for a $5 gain Explain the effects of these transactions on a statement of cash flows using the indirect method

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4. Investments (long-term asset) increased by $25. During the year an investment with an original cost of $8 was sold for a $5 gain. Explain

4. Investments (long-term asset) increased by $25. During the year an investment
with an original cost of $8 was sold for a $5 gain. Explain the effects of these
transactions on a statement of cash flows using the indirect method.

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