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A company sold a delivery truck for $3200 that had originally cost $40000, and had a book value of $4000. Which of the following is
A company sold a delivery truck for $3200 that had originally cost $40000, and had a book value of $4000. Which of the following is the correct reporting of the respective amounts? O $3200 as an investing cash flow on the statement of cash flows, and $800 as a loss on the income statement O $4000 as an investing cash flow on the statement of cash flows, and $3200 as a gain on the income statement O $800 as an investing cash flow on the statement of cash flows, and $3200 as a gain on the income statement $3200 as an operating cash flow on the statement of cash flows, and $40000 as a loss on the income statement
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