Vogel, Inc.s depreciation expense for the most recent year was $90,000 and its net income was $530,000. The companys net cash flow from operating activities was $712,000. Other information from Vogels financial statements includes a decrease in accounts receivable of $30,000, a $34,000 increase in accounts payable, and a $12,000 decrease in prepaid expenses. The only other activity that occurred, for the company this year, was the sale of a piece of equipment whose book value was $20,000. Taking into consideration only the activities listed, what amount will Vogel report in cash flows from investing activities?

A) $4,000 cash inflow

B)$36,000 cash inflow

C) $4,000 cash outflow

D) $16,000 cash inflow

Please show work so I can understand how you got to the answer