If a gain of $30,000 is incurred in selling (for cash) office equipment that cost $120,000 and had accumulated depreciation of $40,000, the total amount reported in investing activities is
A)$90,000.
B)$110,000.
C)$130,000.
D)$150,000.

Question

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The Answer of If a gain of $30,000 is incurred in selling (for cash) office equipment that cost $120,000 and had accumulated depreciation of $40,000, the total amount reported in investing activities is
A)$90,000.
B)$110,000.
C)$130,000.
D)$150,000.

If a Gain of $30,000 Is Incurred in Selling (For