Question: Current Attempt in Progress During 2 0 2 5 , Concord Office Supply Company sold equipment with a book value of $ 1 4 8

Current Attempt in Progress
During 2025, Concord Office Supply Company sold equipment with a book value of $148000 for proceeds of $177600. The company purchased new equipment for $327000 by signing a long-term note payable. No other transactions impacted long-term asset accounts during 2025. The investing section of the statement of cash flows will report
net cash outflows of $297400.
net cash inflows of $177600
net cash inflows of $29600.
net cash outflows of $149400.

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