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Land costing $47,534 was sold for $89,140 cash. The gain on the sale was reported on the income statement as other income. On the statement

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Land costing $47,534 was sold for $89,140 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? Select the correct answer. $41,606 $136,674 $89,140 $47,534

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