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Land costing $130,862 was sold for $177,644 cash. The gain on the sale was reported on the income statement as other income. On the statement

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Land costing $130,862 was sold for $177,644 cash. The gain on the sale was reported on the income statement as other income. On the statement of cash flows, what amount should be reported as an investing activity from the sale of land? a. $308,506 b. $46,782 c. $130,862 d. $177,644

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