P17-28 The following selected account balances relate to the plant asset accounts of Raji Determine cash flow effects Inc. at yeanend of changes in plant asset accounts 20172016 LO 2),AN Accumulated depreciation-equipment Buildings Depreciation expense Equipment Land Loss on disposal of plant assets 337.500 145,000 750,000 101,500 300,000 100,000 7,000 $300,000 3,000 750,000 85,500 250,000 70,000 Additional information . Raji purchased $90,000 of equipment and $30,000 of land for cash in 2017 2. Raji also sold equipment in 2017 3. Depreciation expense in 2017 was $37,500 on building and $64,000 on equipment. Instructions (a) Determine the amounts of any cash inflows or outflows related to the plant asset (a) Cash proceeds $21,000 accounts in 2017 (b) Indicate where each of the cash inflows or outflows identified in (a) would be classified on the statement of cash flows