The Celebrity Company sold equipment with a cost of $20 and a book value of $15. The income statement reported a loss on sale of $2. The Operating section of the Statement of Cash Flows (indirect method) will include a(n)

Select one:

a.

Addition of $2

b.

Subtraction of $5

c.

Subtraction of $2

d.

Addition of $5

e.

Subtraction of $7