On January 1, 2020, Jersey Manufacturers sold equipment that originally cost $200,000 for $140,000. The equipment had accumulated depreciation of $65,000. How would the proceeds from the sale of equipment be shown on the Statement of Cash Flows? A. Operating Activities; Proceeds from Sale of Equipment $135,000 B. Investing Activities; Proceeds from Sale of Equipment $140,000 C. Investing Activities; Proceeds from Sale of Equipment $5,000 D. Financing Activities; Proceeds from Sale of Equipment $140,000