A building with a book value of $49,046 is sold for $61,688 cash. Using the indirect method, this transaction should be shown on the statement of cash flows as follows: an increase of $61,688 from investing activities and a deduction from net income of $12,642 an increase of $61,688 from investing activities an increase of $49,046 from investing activities an increase of $49,046 from investing activities and an addition to net income of $12,642