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A company purchased land for $8,500,000 and sold equipment with a book value of $4,500,000 at a gain of $500,000. It will show $4,000,000

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A company purchased land for $8,500,000 and sold equipment with a book value of $4,500,000 at a gain of $500,000. It will show $4,000,000 as net cash inflow from investing activities. $4,500,000 as net outflow from investing activities. $3,500,000 as net cash outflow from investing activities. $4,000,000 as net cash outflow from investing activities.

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