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: 5113,000 Plant assets, net-ending balance: $146,000 Equipment was purchased for $62,400 with cash. Equipment with a net asset value of $12,000 was sold for $16,800 Depreciation Expense of $17,000 was recorded during the year. What was the amount of net cash provided by (used for) Investing activities? O A $45,600 B. $(62,600) OC. $(32,800) D. $(45,600) Using the indirect method to prepare the statement of cash flows, Jones and Company issued a new note payable for cash of 548,0001 and paid cash dividends of $1,300. They also paid $24,000 cash for purchase of shares of Treasury Stock. The net cash flows provided by used for financing activities is A $(70,700) OB. 5122,700) O c. $70,700 OD. $22,700