A building with a book value of $38,057 is sold for $53,595 cash. Using the indirect method, choose how this transaction should be shown on the statement of cash flows.

Select the correct answer.

an increase of $53,595 from investing activities

an increase of $38,057 from investing activities

an increase of $38,057 from investing activities and an addition to net income of $15,538

an increase of $53,595 from investing activities and a deduction from net income of $15,538