Tobin Company Sold Some of Its Plant Assets During 2008

Tobin Company sold some of its plant assets during 2008. The original cost of the plant assets was $750,000 and the accumulated depreciation at date of sale was $700,000. The proceeds from the sale of the plant assets were $105,000. The information concerning the sale of the plant assets should be shown on Tobin's statement of cash flows for the year ended December 31, 2008, as a(n)

A) subtraction from net income of $55,000 and a $50,000 increase in cash flows from financing activities.
B) addition to net income of $55,000 and a $105,000 increase in cash flows from investing activities.
C) subtraction from net income of $55,000 and a $105,000 increase in cash flows from investing activities.
D) addition of $105,000 to net income.