22 of 31 View Policies Current Attempt in Progress < -/3 E During 2022, Kingbird, Inc. sold equipment with a book value of $163200 for proceeds of $197200. The company purchased new equipment for $435200 by signing a long-term note payable. No other transactions impacted long-term asset accounts during 2022. The investing section of the statement of cash flows will report net cash outflows of $238000. net cash outflows of $401200. net cash inflows of $197200. net cash inflows of $34000