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pter 14 Time Left:1:10:01 Jared Parchman: Attempt 1 Rockies, Inc. is preparing its statement of cash flows using the indirect method. It provides the following
pter 14 Time Left:1:10:01 Jared Parchman: Attempt 1 Rockies, Inc. is preparing its statement of cash flows using the indirect method. It provides the following information about transactions for the year: Plant assets, net-beginning balance: $111,000 Plant assets, net-ending balance: $145,000 Equipment was purchased for $65,000 with cash. Equipment with a net asset value of $12,000 was sold for $19,000. Depreciation Expene of $19,000 was recorded during the year. What was the amount of net cash provided by (used for) investing activities? $(46,000) $46,000 $(65,000) $(34,000) 11
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