Equipment which cost $213,000 and had accumulated depreciation of $114,000 was sold for $111,000. This transaction should

Question:

Equipment which cost $213,000 and had accumulated depreciation of $114,000 was sold for $111,000. This transaction should be shown on the statement of cash flows (indirect method) as a(ndeduction from net income of $12,000 and a $99,000 cash inflow from investing activities.
Addition to net income of $12,000 and a $99,000 cash inflow from financing activities.
Addition to net income of $12,000 and a $111,000 cash inflow from financing activities.
Deduction from net income of $12,000 and a $111,000 cash inflow from investing activities.