Sandhill Company sold some of its plant assets during $2022.$ The original cost of the plant assets was $$500900$ and the accumulated depreciation at date of sale was $$326300.$ The proceeds from the sale of the plant assets were $$151200.$ The information concerning the sale of the plant assets should be shown on Sandhill's statement of cash flows $($indirect method$)$ for the year ended December $31,2022$ as a$($n$)$

a$.$ addition of $$151200$ for cash proceeds to net income

b$.$ addition to net income of $$23400$ for loss on sale and a $$151200$ for cash proceeds as an increase in cash flows from investing activities

c$.$ addition to net income of $$23400$ for gain on sale and a $$174600$ increase in cash flows from investing activities

d$.$ subtraction from net income of $$151200$ for cash proceeds and a $$174600$ increase in cash flows from financing activities