Foxworth Company sold plant assets that had accumulated depreciation of $20,000. These assets cost Foxworth $70,000 when purchased 4 years ago. The sale of the assets resulted in a gain for Foxworth of $2,000. The amount of cash reported for this transaction on Foxworth's statement of cash flows is a:

A) $70,000 outflow.
B) $52,000 inflow.
C) $72,000 inflow.
D) $2,000 inflow.


B

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