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Jack Company's comparative balance sheets as of December 3 1 for the current and prior years showed the following with regard to investing and financing
Jack Company's comparative balance sheets as of December for the current and prior years showed the following with regard to investing and financing activities:
Current Year Prior Year
Building $ $
Equipment
Notes Payable
Common Stock at Par
PaidIn Capital in Excess of Par
Retained Earnings
Cash dividends of $ were declared and paid. The company did not sell any buildings or equipment and did not retire any debt. What is the amount of net cash used for or provided by investing activities?
a $ in net cash used for investing activities
b $ in net cash provided by investing activities
c $ in net cash provided by investing activities
d $ in net cash used for investing activities
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