To Go Company is preparing its statement of cash flows using the indirect method. During the year, they purchased equipment for $15,000 cash. Which of the following statements is true?

A.

$15,000 would be shown as a positive cash flow in the investing activities section.

B.

$15,000 would be shown as a positive cash flow in the financing activities section.

C.

$15,000 would be shown as a negative cash flow in the operating activities section.

D.

$15,000 would be shown as a negative cash flow in the investing activities section.