Digital Camera Co. sold equipment with a cost of $24,000 and accumulated depreciation of $8,500 for an amount that resulted in a gain of $2,800. What amount should Digital report on the statement of cash flows as "proceeds from sale of plant and equipment"? O A. $18,300 OB. $21,200 O C. $12,700 O D. Some other amount

Statement of cash flows-indirect methodThe comparative balance sheet of Yellow Dog Enterprises Inc. atDecember 31, 20Y8 and 20Y7, is as follows:   Additional data obtained from the income statement and from anexamination of the accounts in the ledger for 20Y8 are as follows: a. Net income, $250,000.b. Depreciation reported on the income statement, $135,000.c. Equipment was purchased at a cost of $420,000 and fullydepreciated equipment costing $90,000 was discarded, with no salvage realized.d. The mortgage note payable was not due for six years, but theterms permitted earlier payment without penalty.e. 30,000 shares of common stock were issued at $20 for cash.f. Cash dividends declared and paid, $45,000. InstructionsPrepare a statement of cash flows, using the indirect method ofpresenting cash flows from operating activities.

Attempt in Progress The net income for Bramble Co. for 2022 was $332,200. For 2022, depreciation on plant assets was $72,700, and the company incurred a loss on disposal of plant assets of $30,600. Compute net cash provided by operating activities under the indirect method, assuming there were no other changes in the company's accounts. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis eg. (15,000).) Bramble Co. Statement of Cash Flows-Indirect Method Net Income 332200 Adjustments to reconcile net income to $ $ %24 %24 > > >

Reporting Land Transactions on Statement of Cash Flows On the basis of the details of the following fixed asset account, indicate the items to be reported on the statement of cash flows: ACCOUNT Land ACCOUNT NO.         Balance Date Item Debit Credit Debit Credit Jan. 1     Balance     919,000     Mar. 12     Purchased for cash 276,000     1,195,000     Oct. 4     Sold for $152,000   130,000   1,065,000       Item Section of Statement ofCash Flows Added or Deducted Amount Mar. 12: Purchase of fixed asset     $ Oct. 4: Sale of fixed asset     $ Gain on sale of fixed asset (assume the indirect method)     $

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Reporting Land Transactions on Statement of Cash Flows On the basis of the details of the following fixed asset account, indicate the items to be reported on the statement of cash flows: ACCOUNT Land ACCOUNT NO.         Balance Date Item Debit Credit Debit Credit Jan. 1     Balance     802,000     Mar. 12     Purchased for cash 257,000     1,059,000     Oct. 4     Sold for $141,000   121,000   938,000       Item Section of Statement ofCash Flows Added or Deducted Amount Mar. 12: Purchase of fixed asset     $fill in the blank 3 Oct. 4: Sale of fixed asset     $fill in the blank 6 Gain on sale of fixed asset (assume the indirect method)     $fill in the blank 9

A machine with a cost of $175,000 and accumulated depreciation of $94,000 is sold for $87,000 cash. The amount reported as a source of cash under cash flows from investing activities is:

Reporting Land Transactions on Statement of Cash Flows On the basis of the details of the following fixed asset account, indicate the items to be reported on the statement of cash flows: ACCOUNT Land ACCOUNT NO. Balance Date Item Debit Credit Debit Credit Jan. Balance 868,000 Mar. 12 Purchased for cash 104,300 972,300 Oct. 4 Sold for $95,550 63,840 908,460 Section of Statement of Item Added or Deducted Amount Cash Flows Mar. 12: Purchase of fixed asset Oct. 4: Sale of fixed asset Gain on sale of fixed asset (assume the indirect method) %24 %24 %24