Which of the following is most likely to be the first step in the general mechanism for electrophilic substitution reactions? 
Definitions:
Financial Statements
Documents that provide an overview of a company's financial condition in both short and long term, including balance sheet, income statement, and cash flow statement.
Depreciable Asset
An asset that loses value over time due to wear and tear or obsolescence and can have its cost spread out over its useful life for accounting purposes.
Proceeds
The amount of money received from a transaction, sale, or event.
Gain
The increase in the economic value or benefit that an entity receives, usually from the sale of assets or from other transactions exceeding the costs or expenses associated with it.
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