Atkins Corporation has provided the following information for the year ended December 31, 2014:

	The equipment account balance increased 215,000.
	The equipment accumulated depreciation account increased $36,500.
	Equipment costing $53,000 was sold during the year resulting in a $12,250 gain.
	Depreciation expense recorded on the equipment during the year was $67,250.

Which of the following statements is correct with respect to determining cash flow from investing activities? Assume that the equipment purchase and sale resulted in cash flows.

A $215,000 cash outflow is reported for equipment purchases.

A $268,000 cash outflow is reported for equipment purchases.

A $65,250 cash inflow is reported from the equipment sale.

A $53,000 cash outflow is reported for the equipment sale.