Equipment that cost $200,000 and had a book value of $104,000 was sold for $120,000. Data from the comparative balance sheets are: 12/31/19 12/31/20 $1,440,000 Equipment $1,300,000 Accumulated Depreciation $440,000 $380,000 Equipment purchased during 2020 was Select one: a. $140,000 b. $340,000 c. $200,000 d. $60,000 In a statement of cash flows, the cash flows from investing activities section should report Select one: a. Dividends received on preference shares b. The assignment of accounts receivable c. A major repair to machinery charged to accumulated depreciation. d. The issuance of ordinary shares in exchange for a factory building