17. A company provides the following information: Sold long-term investments that cost $35,000 for a gain of $6,250 - Made other long-term investments in the amount of $10,000 Purchased five acres of land to build a parking lot for $12,500 - Sold equipment that cost $18.750 and that had accumulated depreciation of $12.650 at a loss of $1.150 Purchased new equipment for $15,000 What is the net cash flows from investing activities? -$80,000 -$75,000 $8,700