During the year, the Equipment account increased by $25,000 and the Accumulated Depreciation account increased by $2,000. In addition, the company sold equipment, which originally $12,000 and had $9,000 equipment, accumulated depreciation, for $4, 500. What was the cash outflow to purchase equipment? a. $25,000 b. $13,000 c. $37,000 d. $29, 500 During the year, the Property, Plant and Equipment account increased by $25,000 and the Accumulated Depreciation account increased by $2,000. In addition, the company sold equipment, which originally cost $12,000 and had $9,000 of accumulated depreciation, for $4, 500. What was the cash inflow from the sale of property, plant, and equipment? a. S4, 500 b. $15, 500 c. $1, 500 d. $12,000 The Valz Corporation had a balance in its Equipment account at the beginning of the year of $650,000. During the year, equipment originally costing $170,000, which had accumulated depreciation of $40,000, was sold for $134,000. The ending balance of the Equipment account was $550,000. How much additional equipment was purchased during the year? a. $174,000 b, $70,000 c. $170,000 d. $40,000 The following beginning and ending balances were drawn from the records of Grimes Company: If Grimes Company sold equipment, which had an original cost of $600 and accumulated depreciation of $300 for $250, how much did Grimes pay for new equipment? a. 300b. $200 b. $550. $255 During 2015, the cash flows related to Global Data, Inc.'s lending and borrowing activities are summarized as follows