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Land at the cost of $20,000 is sold for $25,000 cash with a $5,000 gain being reported on the transaction. If the cash flow statement

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Land at the cost of $20,000 is sold for $25,000 cash with a $5,000 gain being reported on the transaction. If the cash flow statement uses the indirect method, the Select one: O a. The cash received from the sale is deducted in the operating activities section. b. The cash received from the sale is added in the operating activities section, OG The gain on the sale is deducted in the operating activities section. Od. The transaction is not reported in the cash flow statement Oe. The gain on the sale is added in the operating activities

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