单选题
编号：2692344
1. An analyst gathered the following information about an asset sold by a company at the end of the year:
·Original cost = $80,000
·Accumulated depreciation at date of sale = $45,000
·Cash proceeds from the sale = $35,000
Which of the following best describes the effect of the sale on the company's financial statements for that year? The sale will increase:
- A.Cash flow from operating activities but not net income.
- B.Cash flow from investing activities but not net income.
- C.Both net income and cash flow from investing activities.