The following selected account balances relate to the plant asset accounts of Raji Inc. at year-end. Determine cash flow effects of changes in plant asset accounts. Additional information: 1. Raji purchased $90,000 of equipment and $30,000 of land for cash in 2017. 2. Raji also sold equipment in 2017. 3. Depreciation expense in 2017 was $37, 500 building and $64,000 on equipment. Instructions (a) Determine the amounts of any cash inflows or outflows related to the plant asset accounts in 2017. (b) Indicate where each of the cash inflows or outflows identified in (a) would be classified on the statement of cash flows