Sonesta Farm Equipment Company Sold Equipment for Cash

Sonesta Farm Equipment Company sold equipment for cash.The income statement shows a loss on the sale of $7,000.The net book value of the asset was $28,900.Which of the following statements describes the cash effect of the transaction?

A) positive cash flow of $35,900 from financing activities
B) negative cash flow of $21,900 for operating activities
C) negative cash flow of $21,900 for financing activities
D) positive cash flow of $21,900 from investing activities