Suppose that Northwest Machinery Co. sold a sizeable portion of its plant assets during the 2021 fiscal year. Given only this information, ceteris paribus (everything else is the same), we would expect to see the following in its 2021 statement of cash flows: (a) A cash inflow in its operating activities. (b) A cash outflow in its operating activities. (c) A cash inflow in its investing activities. (d) A cash outflow in its investing activities. (e) A decline in its stock price.

Directions: This is a multiple choice question.