Multiple-Choice Exercise 11-9 Cornett Company reported the following information: cash received from the issuance of common stock, $150,000; cash received from the sale of equipment, $14,800; cash paid to purchase an Investment, $20,000; cash paid to retire a note payable, $50,000; and cash collected from sales to customers, $225,000. What amount should Cornett report on its statement of cash flows as net cash flows provided/used by Investing activities? e Oa. $5,200 Ob. $144,800 Oc. $55,200 Od. None of these choices are correct. to