Business, 10.10.2019 04:10 danielacortevpe3i66

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 increase/(decrease) cash $25,000 $22,000 $3000 accounts receivable 31,000 38,000 (7000) merchandise inventory 55,000 26,000 29,000 plant and equipment 124,000 93,000 31,000 accumulated depreciation-plant and equipment (47,000) (43,000) (4000) total assets $188,000 $136,000 $52,000 additional information provided by the company includes the following: equipment was purchased for $67,000 with cash. equipment with a cost of $36,000 and accumulated depreciation of $7300 was sold for $48,000. what was the amount of net cash provided by (used for) investing activities?

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Connecticut, inc. uses the indirect method to prepare its statement of cash flows. refer to the foll...