Under the indirect method of parenting the statement of cash flows a gain on the sale of equiipment is -added to the net income in the operating activities section -ignored since this transaction does...

Under the indirect method of parenting the statement of cash flows a gain on the sale of equiipment is -added to the net income in the operating activities section -ignored since this transaction does not affect cash -subtracted from net income in the operating activities section -subtracted from the book e of the equipment in the financing activities section