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Sat, May 2, 2023. 11:57:46 PM America New York 04:001 07:14 Hide Timer Question 23 View Policies Current Attempt in Progress Marigold Corp. sold some

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Sat, May 2, 2023. 11:57:46 PM America New York 04:001 07:14 Hide Timer Question 23 View Policies Current Attempt in Progress Marigold Corp. sold some of its plant assets during 2021. The original cost of the plant assets was $903000 and the accumulated depreciation at date of sale was $850000. The proceeds from the sale of the plant assets were $90500. The information concerning the sale of the plant assets should be shown on Marigoldsstatement of cash flows indirect method for the year ended December 31, 2021, as an addition of S90500 to net income subtraction from net income of $37500 and a 500 500 increase in cash flows from investing activities subtraction from net income of $37500 and a $53000 increase in cash flow from fin addition to net income of $37500 and a $90500 increase in cash flows from investing activities Attempts:0 of 1 used Submit Answer Save for Later

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