If a gain of $11700 is incurred in selling (for cash) office equipment having a book value of $116000, the total amount reported in the cash flows from investing activities section of the statement of cash flows is

Which of the following is not correct about renter's insurance? multiple choice renter's insurance is relatively inexpensive. renter's insurance covers the building and other structures on the site. typical coverage pays only the actual cash value of one's losses. the comprehensive form protects personal property against perils not specifically excluded in the policy. the broad form covers personal property against perils specified in the policy.