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QC12-9 (similar to) I TOUW Hon person company Net income 9,000 21.000 Depreciation expense Payment of dividends Increase in accounts receivable Collection of long-term notes

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QC12-9 (similar to) I TOUW Hon person company Net income 9,000 21.000 Depreciation expense Payment of dividends Increase in accounts receivable Collection of long-term notes receivable Loss on sale of land. 75,000 Increase in accounts payable 15,000 Acquisition of equipment 5,000 with cash 5,000 Sale of treasury stock. 8,000 Payment of long-term debt 14,000 Proceeds from sale of land Decrease in inventories ........ 6,000 13,000 41,000 5,000 Net cash provided by used for) financing activities would be O A $(12,000) OB. $5,000. OC. $1,000 OD. $133,000

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