During the year, the Abbot Company had the following changes in account balances:

1) The accumulated depreciation account had a beginning balance of $25,000 and an ending balance of $35,000. The increase was due to depreciation expense.

2) The long-term Notes payable account had a beginning balance of $40,000 and an ending balance of $15,000. The decrease was due to repayment of debt.

3) The Accounts Receivable account had a beginning balance of $60,000 and an ending balance of $50,000.

4) The Equipment account had a beginning balance of $25,000 and an ending balance of 92,500

The increase was due to the purchase of equipment for cash.

5) The long term investments account (marketable securities) had a beginning balance of $18,000 and an ending balance of $12,500. The decrease was due to the sale of investment cost.

6) The amount of cash dividends declared and paid during the year was $22,000

7) The interest payable account had a beginning balance of $2,250 and an ending balance of $1,250.

What is the net cash flow from investing activities?

A: $72,000 inflow

B: $62,000 inflow

C: $72,000 outflow

D: $62,000 outflow