Entity L reported net income of $150,000 for the current year and uses the indirect method to report operating activities cash flow. Entity L reported a gain on the sale of used equipment of $40,000. Choose the appropriate category on the statement of cash flows to report the gain.

		Cash Flows From Operating Activities-Add to Net Income
		Cash Flows From Operating Activities-Deduct from Net Income
		Cash Flows From Investing Activities
		Cash Flows From Financing Activities
		Non-cash