Which of the following statements is true?

multiple choice $2$

The sale of long$-$term investments should be reported as a cash outflow in the investing section of the statement of cash flows.

The sale of long$-$term investments should be reported as a cash inflow in the investing section of the statement of cash flows.

The sale of long$-$term investments should be combined with purchases of long$-$term investments and reported as one number in the investing section of the statement of cash flows.

The sale of long$-$term investments should be subtracted from net income in the investing section of the statement of cash flows.