A gain on the disposal of an asset occurs when the: A) asset's book value is greater than the selling price. B) accumulated depreciation is greater than the asset's book value. C) asset's cost is greater than the asset's accumulated depreciation. D) selling price is greater than the asset's book value. The journal entry to record the amortization of an intangible asset includes a: A) credit to Equipment. B) debit to Goodwill. C) debit to Amortization Expense. D) debit to Depreciation Expense. Which of the following would be included in cash flows from operating activities? A) Cash used for purchases of equipment. B) Cash received from an issuance of bonds C) Cash received from customers D) Cash dividends paid to stockholders What is the starting point for calculating cash flows from operations when the indirect method is used? A) Add the change in accounts receivable to sales revenue. B) Find net income on the income statement. C) Identify the balance sheet a