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A building with a book value of $47,784 is sold for $54,243 cash. Using the indirect method, this transaction should be shown on the statement
A building with a book value of $47,784 is sold for $54,243 cash. Using the indirect method, this transaction should be shown on the statement of cash flows as an increase of a. $54,243 in the investing activities section b. $47,784 in the investing activities section c. $54,243 in the investing activities section and a deduction of $6,459 from net income in the operating activities section Od. $47,784 in the investing activities section and an addition of $6,459 to net income in the operating activities section
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