A company sold ppampe for 100 cash prior to the sale the, Financial Accounting

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A company sold ppampe for 100 cash prior to the sale the

A company sold PP&E for $100 cash. Prior to the sale, the net book value of the PP&E on the financial statements was $80. Thus, the company recorded a Gain on Sale of Equipment of $20 in Net Income. What is the investing cash flow in this transaction?

a)$120

b)$80

c)$20

d)$0

e)$100

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Financial Accounting: A company sold ppampe for 100 cash prior to the sale the

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