问题
单项选择题
Convenience Travel Corp.'s financial information for the year ended December 31, 2004 included the following:
A．Property Plant ＆ Equipment
B．$15000000
C．Accumulated Depreciation
D．$ 9000000
答案
参考答案：C
解析：Using the indirect method, CFO is net income increased by 2005 depreciation ($1000000) and decreased by the gain recognized on the sale of the plane [$10000000 sale price-($15000000 original cost-$ 10000000 accumulated depreciation including 2005)=$5000000]. $12000000+$1000000-$ 5000000=$ 8000000.