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If a gain of $7,800 results from selling (for cash) office equipment having a book value of $55,600, the amount reported in the Cash Flows

If a gain of $7,800 results from selling (for cash) office equipment having a book value of $55,600, the amount reported in the Cash Flows from (used for) Operating Activities section of the statement of cash flows using the indirect method is a. $7,800. b. $47,800. O c. $63,400. d. $55,600.
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If a gain of \$7,500 results from seling (for cash) office equipment having a book value of $55,600, the amount reported in the Cash Flows from (used for) Operating Activities section of the statement of cash flows using the indirect method is a. $7,800. b. $47,800. c. $53,400. d. $55,600

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