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  3. during the year, equipment was sold for $80,000, a

During the year, equipment was sold for $80,000, and a $5,000 gain was recorded. How...

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Accounting

During the year, equipment was sold for $80,000, and a $5,000 gain was recorded. How is this transaction reported on the statement of cash flows? a. inflow of 80,000 from investing; reduce cash $5,000 from operating b. only an inflow of cash of $80,000 from investing c. inflow of $80,000 from investing; increase cash from operating by $5,000 d. inflow of $80,000 from investing; reduce cash $5,000 from financing

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