During 2017, Lowes Company Sold Equipment with a Book Value

During 2017, Lowes Company sold equipment with a book value of $120,000 for proceeds of $145,000. The company purchased new equipment for $320,000 by signing a long-term note payable. No other transactions impacted long-term asset accounts during 2017. The investing section of the statement of cash flows will report

A) net cash outflows of $295,000.
B) net cash outflows of $175,000.
C) net cash inflows of $145,000.
D) net cash inflows of $25,000.