The income statement reports a loss of $5,000 from the sale of equipment. As a result, the statement of cash flows would report a:
A)$5,000 increase in investing activities.
B)$5,000 decrease in investing activities.
C)$5,000 decrease in operating activities.
D)$5,000 increase in operating activities.

Question

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The Answer of The income statement reports a loss of $5,000 from the sale of equipment. As a result, the statement of cash flows would report a:
A)$5,000 increase in investing activities.
B)$5,000 decrease in investing activities.
C)$5,000 decrease in operating activities.
D)$5,000 increase in operating activities.

The Income Statement Reports a Loss of $5,000 from the Sale