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11) Rodriguez Inc. uses the indirect method to prepare its statement of cash flows. Refer to the following portion of the comparative balance sheet Rodriguez
11) Rodriguez Inc. uses the indirect method to prepare its statement of cash flows. Refer to the following portion of the comparative balance sheet Rodriguez Inc. Comparative Balance Sheet December 31,2014 and 2013 2014 $21,000 $18,000 31,000 35,000 53,000 25,000 123,000 90,000 2013 Increase/decrease $3,000 + (4,000)- 28,000 33,000 Cash Accounts Receivable Inventory Plant and Equipment Accumulated Depreciation-Plant and Equipment Total assets (43,000) (40,000)(3,000) - 5228,000 s168,000 $60,000 Additional information provided by the company includes the following 1) Equipment costing $65,000 was purchased for cash. 2) Equipment with a cost of $32,000 and accumulated depreciation of $7,000 was sold for $45,000 What was the amount of net cash provided by (used for) investing activities? A) 5120,000 B) 5(20,000) C) $20,000 D) $(120,000) 12) Which of the
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