The Plant Assets account and Accumulated DepreciationPlant Assets account of Fun Placeshow the following:

Plant assets

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Beg 83,000 |

Acquisitions 378,000 | 57,000 disposals

end 404,000 |

Accumulated depreciation- Plant Assets

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| 24,000 12/31/2015

Disposals 13,000 | 25,000 depr.exp

| 36,000 12/31/2016

Fun Place sold plant assets at a $17,000 loss. Where on the statement of cash flows should Fun Place report the sale of plant assets? How much should the business report for the sale?

A.Investing cash flowscash receipt of $ 44,000B.Financing cash flowscash receipt of $ 44,000C.Investing cash flows receipt of $ 27,000D.Investing cash flows receipt of $ 61,000