Select all that apply XYZ Co. sold equipment that originally cost $14,000 with accumulated depreciation of $11,000 for $4,000 cash, resulting in a gain of $1,000. Which of the statements below are correct regarding the treatment of this transaction on the statement of cash flows for the current period?

$14,000 is a cash outflow in investing activities. 

$11,000 is a cash outflow in operating activities. 

$1,000 is a cash inflow in investing activities.

$1,000 is deducted from operating activities. 

$3,000 is a cash inflow in operating activities. 

$4,000 is a cash inflow in investing activities