Question 9 5 pts San Fernando Inc. ("SF") decides to sell a printing press it has owned and operated for the past five years. The equipment's original estimated useful life was eight years. SF calculates the loss on the sale as the printing press' original purchase price minus the proceeds from the sale. Which of the following statements is correct? SF management should not record any loss on the sale of equipment if that equipment has been used in operations. SF management should subtract the equipment's accumulated depreciation from the original purchase price before calculating any loss, SF management's calculation is correct. SF management should calculate the loss as the present value of expected decrease in cash flows from selling the equipment. D Question 10 5 pts Examples of external transactions include all of the following except