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During 2020, equipment that originally cost $26,000 was sold for $16,000 cash. The equipment had $6,000 of accumulated depreciation tied to it when it

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During 2020, equipment that originally cost $26,000 was sold for $16,000 cash. The equipment had $6,000 of accumulated depreciation tied to it when it was sold. The Property, Plant, and Equipment account had a balance of $92,000 on January 1, 2020 and $83,000 on December 31, 2020. How would the purchase of Property, Plant, and Equipment be shown on the Statement of Cash Flows? OA. Investing Activities; Purchase of Property, Plant, and Equipment ($35,000) OB. Investing Activities; Purchase of Property, Plant, and Equipment ($17,000) OC. There were no purchases of Property, Plant, and Equipment in 2020. OD. Operating Activities; Purchase of Property, Plant, and Equipment ($16,000)

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