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On July 15, 2021, MW. Morgan Distribution sold land for $35 million that it had purchased in 2016 for $22 million Required: What would be

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On July 15, 2021, MW. Morgan Distribution sold land for $35 million that it had purchased in 2016 for $22 million Required: What would be the amount(s) related to the sale thot Morgan would report in its statement of cash flows for the year ended December 31, 2021, using the direct method? The indirect method? Complete this question by entering your answers in the tabs below. Indirect Direct Method Method What would be the amount(s) related to the sale that Morgan would report in its statement of cash flows for the year ended December 31, 2021, using the direct method? (Ust any cash outflows with a minus sign. Enter your answers in millions (le, 10,000,000 should be entered as 10).) is in millions) Indirect Method > On July 15, 2021, mw. Morgan Distribution sold land for $35 million that it had purchased in 2016 for $22 million Required: What would be the amount(s) related to the sale that Morgan would report in its statement of cash flows for the year ended December 31, 2021, using the direct method? The Indirect method? Complete this question by entering your answers in the tabs below. Direct Method Indirect Method What would be the amount(s) related to the sale that Morgan would report in its statement of cash flows for the year ended December 31, 2021, using the Indirect method? (Ust any cash outflows with a minus sign. Enter your answers in millions (ie. 10,000,000 should be entered as 10).) (5 in millions)

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