Avatar Company uses the indirect method to prepare its statement of cash flows and provides following information about transactions for the year: Plant assets, net-beginning balance: $90,000 Plant assets, net-ending balance: $120,000 Equipment costing $52,000 was purchased for cash Equipment with a net asset value of $10,000 was sold for $14,000 Depreciation expense of $ 12,000 was recorded during the year What was the net amount of Cash from investing activities? $38,000 negative $60,000 positive $52,000 negative $30,000 negative