When the Direct Method is used to prepare the Statement of Cash Flows, a loss on the sale of assets such as PP&E$,$ Intangibles or Investments

to$.$

It is not taken into account when computing cash from operational activities.

b$.$

It is subtracted from the cash received from the sale to compute the cash that comes from investing activities.

c$.$

It is subtracted from net income to compute cash that comes from operating activities.

d$.$

It is added to net income to compute the cash that comes from operating activities.