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A piece of land which cost Edens Company $400,000 ten years ago was sold for $500,000. Which of the following choices shows its affect on
A piece of land which cost Edens Company $400,000 ten years ago was sold for $500,000. Which of the following choices shows its affect on the statement of cash flows? Decrease in cash from investing activities $500,000; Increase in cash from operating activities $100,000. Increase in cash from investing activities $500,000; Decrease in cash from operating activities $100,000. Increase in cash from investing activities $500,000; Increase in cash from operating activities $100,000. Decrease in cash from investing activities $500,000; Decrease in cash from operating activities $100,000
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