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What amount should be reported as an investing activity

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Question - Land costing $68,000 was sold for $94,100 cash. The gain on the sale was reported on the income statement as other revenue. On the statement of cash flows, what amount should be reported as an investing activity from the sale of land?

a. $26,100

b. $68,000

c. $94,100

d. $162,100

Reference no: EM132477334

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