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How should a gain from the sale of used equipment for cash be reported in a statement of cash flows using the indirect method?
a. in investment activities as a reduction of the cash inflow from the sale.
b. in investment activities as a cash outflow.
c. in operating activities as a deduction of income.
d. in operating activities as an addition to income.
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How should a gain from the sale of used equipment for cash be reported in a statement of cash flows...
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