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A building with a book value of $48,283 is sold for $61,116 cash. Using the indirect method, this transaction should be shown on the statement

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A building with a book value of $48,283 is sold for $61,116 cash. Using the indirect method, this transaction should be shown on the statement of cash flows as an increase of Oa. $48,283 from investing activities and an addition to net income of $12,833 Ob. $48,283 from investing activities Oc. $61,116 from investing activities Od. $61,116 from investing activities and a deduction from net income of $12,833

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