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Arkansas Corp. is preparing its statement of cash flows using the indirect method. It provides the following information about transactions for the year: Plant assets,

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Arkansas Corp. is preparing its statement of cash flows using the indirect method. It provides the following information about transactions for the year: Plant assets, net-beginning balance: $110,000 Plant assets, net-ending balance: $147,000 Equipment was purchased for $67,000 with cash. Equipment with a net asset value of $12,000 was sold for $20,000 Depreciation Expense of $16,000 was recorded during the year. What was the amount of net cash provided by (used for) investing activities? OA. $(47,000) B. O C. OD. $(63,000) $47,000 $(41,000)

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