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	$20,000	$25,000	$(5,000)
Accounts Receivable	33,000	36,000	(3,000)
Merchandise Inventory	57,000	26,000	31,000
Plant and Equipment	130,000	94,000	36,000
Accumulated DepreciationPlant and Equipment	(45,000)	(41,000)	(4,000)
Total Assets	$195,000	$140,000	$55,000

Additional information provided by the company includes the following:

1. Equipment was purchased for

$68,000

with cash.2. Equipment with a cost of

$32,000

and accumulated depreciation of

$7,000

was sold for

$50,000.

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

A.

$(173,000)

B.

$(18,000)

C.

$18,000

D.