Bank at the beginning of the year = $9,500. Cash flow for the year from: operating activities = $25,000; investing activities = ($12,000); financing activities = ($5,000). Bank balance at the end of the year is:

Group of answer choices

$8,000

($1,500)

$17,500

$34,500

Proceeds from sale of machinery and equipment will be included in the cash flow statement as:

Group of answer choices

none of the above

an operating activity

an investing activity

a financing activity

no explanation needed, fast answer under 20 mins