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Question: A corporation uses the indirect method for preparing the statement of cash flows. A fixed asset has been sold for $23,515 representing a gain of $3,016. The value in the operating activities section regarding this event would be

$23,515

$3,016

$20,499

$26,531

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M92579371

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