The Plant Assets account and Accumulated Depreciationlong dash Plant Assets account of Vacation Club show the following: Vacation Club sold plant assets at a $ 18,000 loss. Where on the statement of cash flows should Vacation Club report the sale of plant assets? How much should the business report for the sale?

Plant Assets

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Beg 86,000 |

acquistions 432,000 | 54500Disposals

end 463,500 |

Accumulated Deprecitaion- Plant Assets

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| 21,500 12/06/2015

Disposals 14,000 | 29,000 Depr. Exp

| 36,500 12/06/2016

A.Investing cash flows-cash receipt of $ 40,500B.Investing cash flows-cash receipt of $ 58,500C.Investing cash flows-cash receipt of $ 22,500D.Financing cash flows-receipt of $ 40,500