11. Assume the following excerpts from a company's balance sheet During the year, the company's net income was $195,000 and it did not retire any bonds or issue or repurchase any stock. How much net cash was provided by (used in) financing activities A. $57,500 B. $420,000 C. $195,000 D. $252,500 12. Assume the following excerpts form a company balance sheet Company sold a piece of equipment for $362,500. The original cost was $565,000 and it had accumulated depreciation of $335,000. There were no sales of long-term investments in the year. How much is net cash provided by (used in) financing? A. ($825,000) B. $362,500 C. ($1,027,500) 11. Assume the following excerpts from a company's balance sheet During the year, the company's net income was $195,000 and it did not retire any bonds or issue or repurchase any stock. How much net cash was provided by (used in) financing activities A. $57,500 B. $420,000 C. $195,000 D. $252,500 12. Assume the following excerpts form a company balance sheet Company sold a piece of equipment for $362,500. The original cost was $565,000 and it had accumulated depreciation of $335,000. There were no sales of long-term investments in the year. How much is net cash provided by (used in) financing? A. ($825,000) B. $362,500 C. ($1,027,500)