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During 2 0 2 5 , Sunland Office Supply Company sold equipment with a book value of $ 1 2 9 0 0 0 for

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During 2025, Sunland Office Supply Company sold equipment with a book value of $129000 for proceeds of $154800. The company purchased new equipment for $345000 by signing a long-term note payable. No other transactions impacted long-term asset accounts during 2025. The investing section of the statement of cash flows will report
net cash outflows of $319200.
net cash inflows of $25800.
net cash inflows of $154800.
net cash outflows of $190200.
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