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Arkansas Corp. is preparing its statement of cash flows using the indirect method. It provides...

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Accounting

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Arkansas Corp. 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: $11$000 Plant assets, net-ending balance: $148,000 Equipment was purchased for $63,000 with cash. A. $(64,000) B. $(37,000) Plant assets, net-ending balance: $148,000 Equipment was purchased for $63,000 with cash. Equipment with a net asset value of $12,000 was sold for $19,000. Depreciation Expense of $20,000 was recorded during the year. What was the amount of net cash provided by (used for) investing activities? C. $(44,000) D. $44,000

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