Which of the following statements about cash flows from investing activities is correct? Multiple Choice

a-Cash flows from investing activities are calculated by making adjustments to net income.

b-The proceeds from sales of investments are reported as cash inflows from investing activities.

c-Cash received from issuing a long-term note payable is reported as a cash inflow from investing activities.

d-Cash paid to acquire long-lived assets is reported as a cash inflow from investing activities.