Practice Question 18 If the balance in a company's equipment account increased $25,000 during the year and additional information shows that the company purchased $30,000 worth of equipment and disposed of equipment costing $5,000 for proceeds of $3,000, which of the following amounts should be reported in the investing section of the cash flow statement? Outflow of cash of $25,000 O Outflow of cash of $30,000 and an inflow of $5,000 Outflow of cash of $27,000 Outflow of cash of $30,000 and an inflow of $3,000