Question: The company entered into the following transactions during 2025. (a) Sold equipment costing $46,500, for a loss of $5,875. (b) Purchased equipment costing $99,000 by paying $35,000 cash and signing a long-term note payable for the balance. (c) Borrowed $2,000 cash by signing a nonsales-related short-term note payable. (d) Paid $47,500 cash to reduce the long-term notes payable. (e) Issued 2,400 shares of common stock for $20 cash per share. The cash outflow from investing activities equals $. (Do not input a comma or cents.)