The Plant Assets account and Accumulated Depreciation Plant Assets account of Fun Place show the following:

                                       Plant assets 

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Beg               83,000       |

Acquisitions 378,000     |                      57,000 disposals

end               404,000     |

 Accumulated depreciation- Plant Assets 

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                                   |         24,000  12/31/2015

Disposals 13,000     |         25,000 depr.exp

                                   |         36,000 12/31/2016

Fun Place sold plant assets at a $17,000 loss. Where on the statement of cash flows should Fun Place report the sale of plant assets? How much should the business report for the sale?

A. Investing cash flows cash receipt of $ 44,000 B. Financing cash flows cash receipt of $ 44,000 C. Investing cash flows receipt of $ 27,000D.Investing cash flows receipt of $ 61,000