On May 1, 2023, Woodhaven, Inc. purchased furniture and equipment with a four-year useful life for $150,000. Woodhaven, Inc. uses the straight-line method of depreciation and has no estimated salvage value for these assets. On December 31, Woodhaven sold this furniture and equipment and recorded a loss on sale of $10,000. What will Woodhaven record as the proceeds from this transaction in the statement of cash flows? Select one: a. $140,000 O b. $115,000 O c. $150,000 d. $135,000