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A corporation uses the indirect method for preparing the statement of cash flows. A fixed...

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Accounting

A corporation uses the indirect method for preparing the statement of cash flows. A fixed asset has been sold for $27,621 representing a loss of $3,083. Determine the amount that would appear in the operating activities section of the statement of cash flows based on this transaction.

$30,704

$27,621

$24,538

$3,083

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