during 2017, Lowes company sold equipment with a book value of $120000 for proceeds of $145000. The company purchased new equipment with a book value of $120000 for proceeds of $145000. The company purchased new equipment for $320000 by signing a long-term note payable. No other transactions impacted long-term asset accounts during 2017. the investing section of the statement of cash flows will report

a. net cash outflows of $295000

b. net cash outflows of $175000

c. net cash inflows of $145000

d. net cash inflows of $25000