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A building with a book value of $43,487 is sold for $55,413 cash. Using the indirect method, this transaction should be shown on the statement
A building with a book value of $43,487 is sold for $55,413 cash. Using the indirect method, this transaction should be shown on the statement of cash flows as an increase of a. $55,413 from investing activities b. $55,413 from investing activities and a deduction from net income of $11,926 c. $43,487 from investing activities and an addition to net income of $11,926 d. $43,487 from investing activities
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