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Which of the following activities would be reported in the Cash from Operating Activities section on the Statement of Cash Flows using the indirect method?

  1. Which of the following activities would be reported in the Cash from Operating Activities section on the Statement of Cash Flows using the indirect method?
  2. A.Only increase in Current Assets and Current Liabilities
  3. B.The Loss on the Sale of Plant Assets
  4. C.The Gain on the sale of Land
  5. D.Both increase and decrease in current assets and current liabilities
  6. EPurchase of Treasury Stock

A. item C only

B. Items A and E

C. Item E

D. Items B, C and D

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