shovels mfg. co. sold land costing $10000 for $12000 shively would report

Shively Mfg.Co. sold land costing $10,000 for $12,000. Shively would report: Multiple Choice 0 Operating cash inflows of $12,000. 0 Investing cash inflows of $12,000. 0 Financing cash inflows of $12,000. 0 Financing cash inflows of $2,000. Assuming net income for the year is $115,000, what is the net cash flows from operating activities given the following information: Increase in Salaries Payable Depreciation Expense Increase in Prepaid Rent Loss on sale of asset Increase in Accounts Payable Increase in Inventory $15,000 $ 6,000 $24,000 $ 1,000 $ 25,000 $50,000 Multiple Choice $112.000 $88,000. ( ) $110,000 $188.000.