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An approved activity on the Statement of Cash Flows does NOT include Question 1 options: Operating Financing Promoting Investing Land costing $57,000 was sold for

An approved activity on the Statement of Cash Flows does NOT include

Question 1 options:

Operating

Financing

Promoting

Investing

Land costing $57,000 was sold for $82,000 cash. The gain on the sale was reported on the income state. On the statement of cash flows, what amount should be reported as an adjustment to Net Income in the Cash Flows from Operating Activities section?

Question 5 options:

$25,000

$139,000

$57,000

$82,000

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