Question: Using the indirect method to prepare the statement of cash flows, ABC Company sold equipment for $10,500 cash, sold land for $7,600 cash, and purchased

Using the indirect method to prepare the statement of cash flows, ABC Company sold equipment for $10,500 cash, sold land for $7,600 cash, and purchased another piece of equipment for $31,900. The net cash flows provided by / used for investing activities is. A. $(13,800) B. $21,400 C. $13,800 D. $(21,400)

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