The entry to record the payment of a previously declared dividend of $1.25 per share on 13,500 shares of common stock includes a O A. debit to Dividends Payable for $16,875 O B. credit to Cash Dividends for $16,875 OC. debit to Cash Dividends for $16,875 OD. debit to Cash $16,875 Connecticut, Inc. uses the indirect method to prepare its statement of cash flows. Refer to the following portion of the comparative balance sheet: Connecticut, Inc. Comparative Balance Sheet December 31, 2025 and 2024 2025 2024 Increase/(Decrease) Cash $25,000 $24,000 $1,000 Accounts Receivable 31,000 35,000 (4,000) Merchandise Inventory 53,000 26,000 27,000 Plant and Equipment 125,000 95,000 30,000 Accumulated Depreciation - Plant and Equipment (44,000) (42,000) (2,000) Total Assets $190,000 $138,000 $52.000 Additional information provided by the company includes the following: 1. Equipment was purchased for $66,000 with cash. 2. Equipment with a cost of $36,000 and accumulated depreciation of $7,300 was sold for $45,000. What was the amount of net cash provided by (used for) investing activities? O A. $163,000 B. $21,000 O c. $(163,000) D. $(21,000)