79 Connecticut, Inc. uses the indirect method to prepare its statement of cash flows. Refer to the following portion of the comparative balance sheet: stol Connecticut, Inc. Comparative Balance Sheet December 31, 2019 and 2018 2019 2018 increase/(Decrease) Kash $25,000 $22.000 $3000 Accounts Receivable 31.000 38,000 (7000) Merchandise Inventory 55,000 26,000 29.000 Plant and Equipment 124,000 93,000 31.000 Accumulated Depreciation Plant and Equipment (47.000) (43,000) (4000) Total Assets $188.000 $136.000 $52.000 Additional information provided by the company includes the following: 1. Equipment was purchased for $67,000 with cash. 2. Equipment with a cost of $36,000 and accumulated depreciation of $7300 was sold for $48,000. What was the amount of net cash provided by (used for) investing activities? Total Assets $188.000 $136.000 $52.000 Additional information provided by the company includes the following: 1. Equipment was purchased for $67.000 with cash. 2. Equipment with a cost of $36,000 and accumulated depreciation of $7300 was sold for $48.000. What was the amount of net cash provided by (used for) investing activities? Select one: A. $(19,000) B. $(167,000) C. $167,000 OD. $19,000