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During the current year, Pacific Co. experienced a loss on the sale of equipment that used to manufacture its products. Pacific prepares its statement of

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During the current year, Pacific Co. experienced a loss on the sale of equipment that used to manufacture its products. Pacific prepares its statement of cash flows using the indirect method. How should Pacific report the loss on the sale of equipment on its statement of cash flows? Not reported on the statement of cash flows. Under operating activities. Under financing activities. Under investing activities

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