Tinashe Company Had a $195,000 Beginning and a $150,000 Ending

Multiple Choice

Tinashe Company had a $195,000 beginning and a $150,000 ending balance in its Property, Plant and Equipment account. Tinashe sold equipment with an original cost of $70,000 at a gain of $5,000. Tinashe also purchased some equipment during the year. Based solely on this information, net cash from investing activities would include a

A) $ 5,000 cash inflow.
B) $25,000 cash outflow.
C) $45,000 cash inflow.
D) $45,000 cash outflow.
E) $75,000 cash inflow.