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  3. if land costing $145,000 was sold for $205,000, th

If land costing $145,000 was sold for $205,000, the $60,000 gain on the sale would...

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Accounting

If land costing $145,000 was sold for $205,000, the $60,000 gain on the sale would be added to net income in of the operating activities section of the statement of cash flows (prepared by the indirect method).

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