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 $ 24,000 $ 25,000 $( 1,000 )
accounts receivable 34,000 37,000 (3,000)
merchandise inventory 53,000 25,000 28,000
plant and equipment 125,000 93,000 32,000
accumulated depreciation-plant and equipment (46,000) (42,000) (4,000)
total assets $ 190,000 $ 138,000 $ 52,000
additional information provided by the company includes the following:
1. equipment was purchased for $ 69,000 with cash.
2. equipment with a cost of $ 37, 000 and accumulated depreciation of $ 7,000 was sold for $ 45,000.
required :
1. what was the amount of net cash provided by (used for) investing activities?