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  3. a building with a book value of $38,124 is sold fo

A building with a book value of $38,124 is sold for $60,781 cash. Using the...

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Accounting

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A building with a book value of $38,124 is sold for $60,781 cash. Using the indirect method, choose how this transaction should be shown on the statement of cash flows. Select the correct answer. an increase of $38,124 from investing activities and an addition to net income of $22,657 an increase of $38,124 from investing activities an increase of $60,781 from investing activities and a deduction from net income of $22,657 an increase of $60,781 from investing activities

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