Equipment which cost $446,000 and had accumulated depreciation of $248,000 was sold for $222,000. This transaction should be shown on the statement of cash flows (indirect method) as a(n):

Answer and Explanation:

The computation is shown below:

For profit or loss  on the sale of an equipment

Cost  $446,000

Less: accumulate depreciation -$248,000

Book value $198,000

Less: sold value -$222,000

Loss on sale of an equipment -$24,000

This amount would be added to the net income

And, the sale value i.e. $222,000 should be shown in the investing activity in a positive amount

hi.

i'm not sure about the answer, but, i would say c. *when the recipient was not included on the original email.*

hope this , well if it's right. uwu

merry christmas! ^-^

the clients (funders) and customers (individual nonprofit staff) are great to work with. that i can be open about being a person of faith when appropriate. the variety of my tasks each day.