Fizzzle Inc. sold a piece of equipment during the period for $230,000 and recorded a loss of $45,000 on the sale. How should this loss be treated when preparing the operating activities section of the statement of cash flows using the indirect method? a. The loss is subtracted from net income in the operating activities section. b. The loss is added back to net income in the operating activities section. c. A sale of equipment is an investing activity; the transaction will not affect the operating activities section. d. The entire sales price is subtracted from net income in the operating activities section.