Blue Co. sold plant assets costing $15,000 with accumulated depreciation of $10,000 for $7,000. As a result, Blue Co will report _____ on the statement of cash flows in the cash flows from investing activities section.

Multiple choice question.

A) a decrease of $7,000 in the investing activities section

B) an increase of $7,000 in the investing activities section

C) a gain of $2,000 in the financing section

D) a loss of $2,000 in the financing section