A company reports a gain on sale of equipment. This gain is

A company reports a gain on sale of equipment. This gain is

A company reports a gain on sale of equipment. This gain is:

A. Included in operating income

B. Included in non-operating income

C. Deducted from operating income

D. Ignored for tax purposes

Answer: B

Explanation: Gains on sale of PPE are non-operating (reported in "Other income" section).