A firm sold property, plant, and equipment for cash proceeds of $4,200. The equipment originally cost $8,160. The company recorded a loss on sale of $2,520. The company uses the indirect method to prepare its statement of cash flows. Which of the following amounts would be included in cash from operations and cash from investing respectively?

Select one:

A. $2,520 and $3,300

B. $4,200 and $2,520

C. $2,520 and $4,200

D. $2,520 and $0

E. None of the above