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A building with a book value of $47,348 is sold for $59,766 cash. Using the indirect method, this transaction should be shown on the statement
A building with a book value of $47,348 is sold for $59,766 cash. Using the indirect method, this transaction should be shown on the statement of cash flows as an increase of a. $59,766 from investing activities and a deduction from net income of $12,418 b. $59,766 from investing activities c. $47,348 from investing activities and an addition to net income of $12,418 d. $47,348 from investing activities
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