Marcus Ltd

Marcus Ltd. sold equipment during calendar 2020 for $ 28,500 cash. The original cost of the equipment was $ 69,000, and the accumulated depreciation to the date of sale was $ 36,750. This transaction should be shown on Marcus' 2020 statement of cash flows (indirect method) as a(n)

A) addition to net income of $ 3,750 and a $ 28,500 cash inflow from investing activities.
B) deduction from net income of $ 3,750 and a $ 32,250 cash inflow from investing activities.
C) deduction from net income of $ 3,750 and a $ 28,500 cash inflow from investing activities.
D) addition to net income of $ 3,750 and a $ 28,500 cash inflow from financing activities.