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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:Equipment was purchased

Arkansas Corp. is preparing its statement of cash flows using the indirect method. It provides the following information about transactions for the year:Equipment was purchased for $65,000 with cash.Equipment with a net asset value of $12,000 was sold for $18,000.Depreciation Expense of $16,000 was recorded during the year.What was the amount of net cash provided by (used for) investing activities? $(63,000) $47,000| $(47,000) $(39,000)|

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