Assume a company reported net income of $53,000, loss on the sale of equipment of $10,000, and gain on sale of investments of $21,000.If there were no other adjustments to reconcile net income to cash from operating activities, the cash inflow from operating activities must have been:
A)$42,000
B)$63,000
C)$84,000
D)$32,000

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The Answer of Assume a company reported net income of $53,000, loss on the sale of equipment of $10,000, and gain on sale of investments of $21,000.If there were no other adjustments to reconcile net income to cash from operating activities, the cash inflow from operating activities must have been:
A)$42,000
B)$63,000
C)$84,000
D)$32,000

Assume a Company Reported Net Income of $53,000, Loss on the Sale