In calculating cash flows from operating activities using the indirect method, a gain on the sale of?

equipment is...


A) added to net income.


B) deducted from net income.


C) ignored because it does not affect cash.


D) not reported on a statement of cash flows.|||In calculating cash flows from operating activities using the indirect method, a gain on the sale of equipment is...


B) deducted from net income





A loss on the sale of equipment is added to net income.