U Question 54 1.5 pts Corporation sold equipment that cost $500,000 for $250,000. The equipment had accumulated depreciation of $100,000 when it was sold. Where would the $150,000 loss appear on the CFS? Added to net income in the operating section O Deducted from net income in the operating section O Cash receipt or payment in investing section O Cash receipt or payment in financing section Noncash investing and financing activity or not on the CFS Question 55 1.5 pts Corporation incurs a DECREASE in accounts payable. What effect will this entry have on the completion of the Statement of Cash Flows assuming the indirect method is used? Added to net income in the operating section Deducted from net income in the operating section O Investing section O Financing Section Noncash investing and financing activity or not on the CFS