how much is the companies cash flow for investing activities

Ribbon Carpet Cleaning reported the following balance sheets and income statement: Year 2 Year 1 $ 2,800 27,000 Balance Sheets at December 31 Cash Accounts receivable Inventory Prepaid insurance Equipment, net Total assets $ 12,000 24,000 9,000 19,600 2,400 75.000 $126.800 1,800 76.000 $122.800 $ 25,200 Accounts payable Wages payable Common stock Retained earnings Total liabilities & shareholders' equity $ 26,200 14,800 64,000 16,000 62,000 21.800 $126.800 19,600 $122,800 Income Statement for Year 2 Sales $202.000 99.000 13,400 Cost of goods sold Depreciation expense Other operating expenses Income taxes expense Net income 55,600 12.000 $ 22.000 How much is the company's cash flow for investing activities? Inventory Prepaid insurance Equipment, net Total assets 19,600 2,400 75.000 $126.800 9,000 1,800 76.000 $122.800 $ 26,200 $ 25,200 Accounts payable Wages payable Common stock Retained earnings Total liabilities & shareholders' equity 14,800 64.000 21.800 $126.800 16,000 62,000 19.600 $122.800 $202,000 Income Statement for Year 2 Sales Cost of goods sold Depreciation expense Other operating expenses Income taxes expense Net Income 99,000 13,400 55,600 12.000 $ 22.000 How much is the company's cash flow for investing activities? O a. S10,400 b. $75,000 OC. 563,600 O d. $12,400 Click Save and Submit to save and submit. Click Save All Answers to save all answers