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se 1: Question 7 (10 points) Equipment was sold for $121,000 resulting in a gain of $22,000. This transaction should be shown on the statement

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se 1: Question 7 (10 points) Equipment was sold for $121,000 resulting in a gain of $22,000. This transaction should be shown on the statement of cash flows as a(n): ce 2: deduction from net income of $22,000 and a $121,000 cash inflow from investing activities addition to net income of $22,000 and a $121,000 cash inflow from financing activities e 3: addition to net income of $22,000 and a $99,000 cash inflow from financing activities e4 deduction from net income of $22.000 and a $99,000 cash inflow from investing activities. e 5: Previous Page Next Page Page 7 of 10

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