Question: Using the indirect method to prepare the statement of cash flows, ABC Company sold equipment for $12,900 cash, sold land for $7,500 cash, and purchased

Using the indirect method to prepare the statement of cash flows, ABC Company sold equipment for $12,900 cash, sold land for $7,500 cash, and purchased another piece of equipment for $21,900. The net cash flows provided by / used for investing activi is A. $(1,500) B. $(9,000) C. $1,500 D. $9,000

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