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equipment which cost $213,000 and had accumulated depreciation of $114,000 was sold for $111,000. This transaction should be shown on the statement of cash flows

equipment which cost $213,000 and had accumulated depreciation of $114,000 was sold for $111,000. This transaction should be shown on the statement of cash flows (indirect method) as a(n

deduction from net income of $12,000 and a $99,000 cash inflow from investing activities.

addition to net income of $12,000 and a $99,000 cash inflow from financing activities.

addition to net income of $12,000 and a $111,000 cash inflow from financing activities.

deduction from net income of $12,000 and a $111,000 cash inflow from investing activities.

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