Assume a company sold a piece of equipment for $3,000. The original cost was $15,000 and the accumulated depreciation prior to the sale was $10,000. What amount, if any, would appear in the operating activities section of the statement of cash flows using the indirect method?

The amount of $2000 (loss on sale) would be added to the reported profit under the operating section of the statement of cash flow

Explanation:

With the sale of an asset, the reported profit would have been increased or decreased by the amount of gains or losses realized on the sale of the equipment

Gain/loss on sale = sales value - Carrying amount

Carrying amount = cost - accumulated deprecation

                      = $15,000 - $10,000

                      = $5,000

Loss on depreciation = 3,000 -5,000

                                   = ($2000)

The amount of $2000 would be added to the reported profit under the operating section of the statement of cash flow

explanation:

the correct answer would be b, when, queen, calder hall and london.

explanation:

we always capitalize words when a paragraph or sentence is starting, when an important name is used, when a place is being written, or simply when a noun is used, etc. so in this sentence, sentence is starting from 'when', so it will be written in capital letters. secondly, queen is considered to be an important person, so it will also be written in capital letter. next, the name of the town is mentioned, i-e calder hall, which will also be written in capital letters. in the last,   city name is being used, 'london', which will also be written in capital letters. so option b is the most appropriate one.