Land costing $42,959 was sold for $73,192 cash. The gain on the sale was reported...
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Accounting
Land costing $42,959 was sold for $73,192 cash. The gain on the sale was reported on the income statement as other income. On the statement of cash flows, what amount should be reported as an investing activity from the sale of land?
a.$116,151
b.$30,233
c.$42,959
d.$73,192
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