Gerald Corporation formats operating cash flows using the indirect method. (Click the icon to view the income statement.) (Click the icon to view the balance sheet.) The book value of equipment sold during 2021 was $27,000. Gerald's net cash flow from investing activities for 2021 was A. net cash used of $20,000. B. net cash used of $5,500. C. net cash used of $32,500. D. net cash used of $52,500.