2020 $17.000 26.000 49,000 110,000 2019 $12.000 29.000 35,000 80.000 Cash Accounts receivable Inventory Proprty, Plant & Equipment (net) Total assets Accounts payable Accrued liabilities Long-term notes payable Total liabilities Increase/decrease $5,000 (3.000) 14.000 30,000 $46,000 $(3.000) 2,000 15.000 $14,000 $156.000 $202.000 57 000 $5.000 75.000 $87,000 $10,000 $3.000 60.000 $73 000 Additional information provided: Equipment costing $70,000 was purchased for cash. Equipment with a net asset value of $28,000 was sold for $32.000. Amortization expense of $12,000 was recorded during the year. During 2020, the company repaid $25,000 of long-term notes payable. During 2020, the company borrowed $40,000 on a new note payable. What was the net amount of cash from investing activities? $38,000 cash outflow $60,000 cash inflow $ $30,000 cash outflow 52,000 cash outflow