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What effect would transactions have on the cash flows

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A company sold a piece of equipment for $5,000 incurring a loss of $2,200, recorded $1,800 of amortization on an intangible asset that it owned and increased its inventory balance by $3,000. What effect would these 3 specific transactions have on the following:

Question 1. Cash flows from operating activities

A. Increase by $3,800

B. Decrease by $2,600

C. Increase by $1,000

D. Decrease by $1,000

Question 2. Cash flows from investing activities

A. Increase by $2,800

B. Increase by $5,000

C. Decrease by $1,000

D. No Effect.

Reference no: EM132498676

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