Partin Corporation's cash and cash equivalents consist of cash and marketable securities. Last year the company's cash account increased by $31,000 and its marketable securities account decreased by $22,000. Net cash provided by (used in) operating activities was $108,000. Net cash provided by (used in) financing activities was $(70,000). Based on this information, the net cash provided by (used in) investing activities on the statement of cash flows was:
A. $9,000
B. $38,000
C. ($38,000)
D. ($29,000)
Answer: D
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