Christopher Corp. is preparing its statement of cash flows using the indirect method. It provides the following information about transactions for theyear:

Plantassets,

netlong dashbeginning

balance: $108,000

Plantassets,

netlong dashending

balance: $149,000

Equipment was purchased for$67,000.

Equipment with a net asset value of$12,000 was sold for$19,000.

Depreciation Expense of$19,000 was recorded during the year.

What was the amount of net cash provided by(used for) investingactivities?

A.

$48,000

B.

$(67,000)

C.

$(41,000)

D.

$(48,000)