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Based on the information below, how would this affect Cash Flows from Investing? Activity: Sale of used equipment that has an original cost of 1,300

Based on the information below, how would this affect Cash Flows from Investing?

Activity: Sale of used equipment that has an original cost of 1,300 and accumulated depreciation of 700, for 600 in Cash

a. -600

b.-700

c. -1300

d.600

e.700

f.1300

For the item below, determine whether the amount would be disclosed in the cash flow statement under: Operating (CFO), Investing (CFI), or Financing (CFF), as well as if would be a net increase (+) or decrease (-) in cash or cash equivalents:

1. Decrease in accounts receivable

2. Proceeds from issuance of common stock

3.Increase in prepaid expenses

answer choices:

a. CFO +

b. CFO-

c. CFI+

d.CFI-

e.CFF+

f.CFF-

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