If a gain of $7,515 is realized in selling (for cash) office equipment having a book value of $61,374, the total amount reported in the cash flows from investing activities section of the statement of cash flows is

a.$68,889

b.$53,859

c.$61,374

d.$7,515

A corporation uses the indirect method for preparing the statement of cash flows. A fixed asset has been sold for $23,872 representing a gain of $3,232. The value in the operating activities section regarding this event would be

$27,104

$20,640

$23,872

$(3,232)

Rogers Company reported net income of $47,261 for the year. During the year, accounts receivable increased by $6,361, accounts payable decreased by $2,144 and depreciation expense of $26,923 was recorded. Net cash provided by operating activities for the year is

a.$65,679

b.$82,689

c.$47,261

d.$78,401

Land costing $94,347 was sold for $79,843 cash. The loss on the sale was reported on the income statement as other expense. On the statement of cash flows, what amount should be reported as an investing activity from the sale of land?

a.$94,347

b.$79,843

c.$14,504

d.$174,190