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Peach Corp. is preparing its statement of cash flows using the indirect method. It provides the following information about transactions for the year:Plant assets, netbeginning

Peach Corp. is preparing its statement of cash flows using the indirect method. It provides the following information about transactions for the year:Plant assets, netbeginning balance: $112,000Plant assets, netending balance: $144,000Equipment was purchased for $62,400 with cash.Equipment with a net asset value of $12,000 was sold for $20,000.Depreciation Expense of $16,000 was recorded during the year.What was the amount of net cash provided by (used for) investing activities?

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