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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.

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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, 2019 and 2018 2019 2018 Cash AED 25,000 AED 22,000 Accounts Receivable 31,000 38,000 Merchandise Inventory 55,000 26,000 Plant and Equipment 124,000 93,000 Accumulated Depreciation-Plant and Equipment (47,000) (43,000) AED AED Total Assets 188,000 136,000 Increase/(Decrease AED 3000 (7000) 29,000 31,000 (4000) AED 52.000 Additional information provided by the company includes the following: 1. Equipment was purchased for AED 67,000 with cash. 2. Equipment with a cost of AED 36,000 and accumulated depreciation of AED 7300 was sold for AED 48,000. What was the amount of net cash provided by (used for) investing activities

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