During the year, Coral Inc. sold equipment with a book value of $19.600 for $15.000 (original purchase cost of $25,000). Identify a true statement about the gain or loss on the sale of equipment. a $10,000 gain on sale of equipment is reported under cash flow from financing activities b. $4,600 loss on sale of equipment is reported under cash flow from investing activities $4,600 gain on sale of equipment is reported under cash flow from investing activities d. $10,000 loss on sale of equipment is reported under cash flow from investing activities