Zenith Corporation sells some of its used store fixtures. The acquisition cost of the fixtures is $13,875, and the accumulated depreciation on these fixtures is $7,063 at the time of sale. The fixtures are sold for $4,744. The value of this transaction in the investing section of the statement of cash flows is

a.$2,068

b.$13,875

c.$6,812

d.$4,744

Cash dividends of $83,151 were declared during the year. Cash dividends payable were $9,322 at the beginning of the year and $14,518 at the end of the year. The amount of cash for the payment of dividends during the year is

a.$83,151

b.$97,669

c.$77,955

d.$73,829

A building with a book value of $46,685 is sold for $58,312 cash. Using the indirect method, this transaction should be shown on the statement of cash flows as follows:

an increase of $46,685 from investing activities and an addition to net income of $11,627

an increase of $46,685 from investing activities

an increase of $58,312 from investing activities

an increase of $58,312 from investing activities and a deduction from net income of $11,627