1. A building costing $55,000 with $16,500 of accumulated depreciation was sold for $40,000. How would the cash flow from the sale appear on the statement of cash flows?
2. a. $1,500 in operating activities and $38,500 in investing activities.
3. b. $40,000 in financing activities.
4. c. $38,500 noncash financing and investing activities and $1,500 in operating activities. d. $40,000 in investing activities.