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Cash Accounts Receivable Merchandise Inventory Plant and Equipment Accumulated Depreciation and Equipment Total Assets $27,000 $25,000 37,000 55,000 26,000 90,000 2,000 (5,000) 29,000 30,000 32,000
Cash Accounts Receivable Merchandise Inventory Plant and Equipment Accumulated Depreciation and Equipment Total Assets $27,000 $25,000 37,000 55,000 26,000 90,000 2,000 (5,000) 29,000 30,000 32,000 120,000 Plant 46,000) (43,000) $188,000 135,000 (3,000) $53,000 Additional information provided by the company includes the following 1. Equipment was purchased for $66,000 with cash 2. Equipment with a cost of $36,000 and accumulated depreciation of S7,100 was sold for $49,000 What was the amount of net cash provided by (used for) investing activities? O A. $(17,000) O B. $17,000 O C. $(168,000) O D. $168,000
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