A co, has the following information available related to equipment. The balance in the Equipment account was $200,000 on 01/01/X3 and $170,000 on 12/31/X3. The balance in the Accumulated Depreciation account was $85.000 on 01/01/X3 and $75,000 on 12/31/X3. Depreciation expense for 20x3 was $16,000. Some equipment was sold during 20x3 at an $18,750 gain. The cost of the equipment sold was $40,000 What is the amount of total proceeds from the sale of equipment? (Do not include any words or signs in your answer; enter number only. . In which section of the Statement of Cash Flows are proceeds from the sale of the equipment reported? Type one word as your answer type the word "financing or the word "investing or the word "operating". (Do not include quotation marks.)