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Manning? Tint, Inc. uses the indirect method to prepare its statement of cash flows. Refer to the following portion of the comparative balance? sheet: Manning?

Manning? Tint, Inc. uses the indirect method to prepare its statement of cash flows. Refer to the following portion of the comparative balance? sheet:

Manning? Tint, Inc.

Comparative Balance Sheet

December? 31, 2017 and 2016

2016

2015

?Increase/(Decrease)

Cash

?$28,000

?$25,000

?$3,000

Accounts Receivable

?32,000

?38,000

?(6,000)

Merchandise Inventory

?55,000

?25,000

?30,000

Plant and Equipment

?126,000

?93,000

?33,000

Accumulated

Depreciationminus?Plant

and Equipment

?(44,000)

?(45,000)

?1,000

Total Assets

?$197,000

?$136,000

?$61,000

Additional information provided by the company includes the? following:

1. Equipment was purchased for? $66,000.

2. Equipment with a cost of? $37,000 and accumulated depreciation of? $7,200 was sold for? $49,000.

What was the amount of net cash provided by? (used for) investing? activities?

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