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Equipment with a carrying amount of $1,000 is sold for $8,000 cash. The statement of cash flows will report a: Select one: O A. $8,000

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Equipment with a carrying amount of $1,000 is sold for $8,000 cash. The statement of cash flows will report a: Select one: O A. $8,000 cash inflow in the investing activities section O B. $7,000 cash outflow in the financing activities section O C. $7,000 cash outflow in the investing activities section O D. $1,000 cash inflow in the investing activities

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