Required information The Foundational 15 (LO14-1, LO14-2] The following information applies to the questions displayed below.) Ravenna Company is a merchandiser that uses the indirect method to prepare the operating activities section of its statement of cash flows. Its balance sheet for this year is as follows: $ Cash Accounts receivable Inventory Total current assets Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment Total assets Ending Balance 77,488 63,4ee 85,100 225,900 228,00 76, eee 152,000 377,900 Beginning Balance 92,550 68,200 77,500 238, 250 217, eee 54,250 162,750 401, eee $ $ Accounts payable Income taxes payable Bonds payable Common stock Retained earnings Total liabilities and stockholders' equity 49,600 38,600 93, eee 108,500 88,200 377,900 88,200 48, 30e 77,500 93, eee 94, eee 401, eee $ $ Check my work Accounts payable Income taxes payable Bonds payable Common stock Retained earnings Total liabilities and stockholders' equity 49,600 38,600 93,000 188,500 88, 200 377,900 88,200 48,300 77,500 93,000 94, eee 401,000 $ $ During the year, Ravenna paid a $9,300 cash dividend and it sold a piece of equipment for $4,650 that had originally cost $10,200 and had accumulated depreciation of $6,800. The company did not retire any bonds or repurchase any of its own common stock during the year. Foundational 14-13 13. What is the company's net cash provided by (used in) investing activities? Net cash used in investing activities