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In a statement of cash flows in which the operating activities section is prepared under the indirect method, a gain on the sale of an
In a statement of cash flows in which the operating activities section is prepared under the indirect method, a gain on the sale of an investment in debt securities classified as availableforsale should be presented as a(n)
1) Deduction from net income.
2) Addition to net income.
3) Inflow and outflow of cash.
4) Outflow of cash.
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