12)The following information pertains to Georgia Company.

Net Income..................................$,50,000 Increase in accounts payable........................$4,000

Depreciation expense.................$8,000 Acquisition of equipment with cash..................$26,000

Payment of Dividends......................$3,000 sale of treasury stock......................................$4,000

Increase in accounts receivable.........$2,000 payment of long-term debt.................................$12,000

Collection of long-term notes receivables $12,000 Proceeds from sale of land................................$43,000

Loss on sale of land...............................$18,000 Decrease in inventories................................$4,000

Net cash provided by (used for) investing activities would be

A) $78,000 D)$(100,000)

B) $29,000

C) $99,000