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View Policies Current Attempt in Progress If the balance in a company's equipment account increased $25,000 during the year and additional information shows that the

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View Policies Current Attempt in Progress If the balance in a company's equipment account increased $25,000 during the year and additional information shows that the company purchased $30,000 worth of equipment and disposed of equipment costing $5,000 for proceeds of $3,000, which of the following amounts should be reported in the investing section of the cash flow statement? O Outflow of cash of $30,000 and an inflow of $3,000 O Outflow of cash of $27,000 O Outflow of cash of $25,000 O Outflow of cash of $30,000 and an inflow of $5,000 Attempts: 0 of 1 used Submit Answer Sove for later

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