The following selected account balances relate to the plant asset accounts of Lazari Inc. at year-end.

	2014	2013
Accumulated depreciationbuildings	$337,500	$300,000
Accumulated depreciationequipment	144,000	96,000
Buildings	750,000	750,000
Depreciation expense	99,500	85,500
Equipment	300,000	240,000
Land	120,000	70,000
Loss on disposal of plant assets	6,000	0

ADDITIONAL INFORMATION

1. Lazari purchased $85,000 of equipment and $50,000 of land for cash in 2014.

2. Lazari also sold equipment in 2014.

3. Depreciation expense in 2014 was $37,500 on building and $62,000 on equipment.

INSTRUCTIONS

(A) Determine the amounts of any cash inflows or outflows related to the plant asset accounts in 2014. Cash proceeds $5,000.

(B) Indicate where each of the cash inflows or outflows identified in (A) would be classified on the statement of cash flows.