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The Celebrity Company sold fully depreciated equipment with a cost of $ 2 0 . The income statement reported a gain on sale of $

The Celebrity Company sold fully depreciated equipment with a cost of $20. The income statement reported a gain on sale of $5.
The Operating section of the Statement of Cash Flows will include a(n)
a.
Addition of $20
b.
Subtraction of $5
c.
Subtraction of $20
d.
Addition of $5

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