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A company sold a delivery truck for $3000 that had originally cost $42000, and had a book value of $4200. Which of the following
A company sold a delivery truck for $3000 that had originally cost $42000, and had a book value of $4200. Which of the following is the correct reporting of the respective amounts? $3000 as an investing cash flow on the statement of cash flows, and $1200 as a loss on the income statement $3000 as an operating cash flow on the statement of cash flows, and $42000 as a loss on the income statement $1200 as an investing cash flow on the statement of cash flows, and $3000 as a gain on the income statement $4200 as an investing cash flow on the statement of cash flows, and $3000 as a gain on the income statement
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