Problem:
If an analysis of the general ledger accounts indicates that equipment, which had cost $168,000 and on which accumulated depreciation totaled $135,000 on the October 1st was sold for $20,000. During 2009 the depreciation on the equipment was $30,000.
Required:
How will the above items be shown (operating, financing, investing) on the statement of cash flows and are they added or subtracting in the statement of cash flows?
Note: Please show how to work it out.