Business, 07.06.2021 18:00 shyiann7910

On July 15, 2021, M. W. Morgan Distribution sold land for $41.0 million that it had purchased in 2016 for $26.0 million. Required:
What would be the amount(s) related to the sale that Morgan would report in its statement of cash flows for the year ended December 31, 2021, using the direct method?

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On July 15, 2021, M. W. Morgan Distribution sold land for $41.0 million that it had purchased in 201...

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