The following events occurred last year at Dorder Corporation: ??Purchase of plant and equipment$45,000Sale of long-term investment$24,000Dividends received on long-term investments$9,000Paid off bonds payable$12,000Depreciation expense$32,000Based on the above information, the net cash provided by (used in) investing activities for the year on the statement of cash flows would be:
A. $(21,000)
B. $(32,000)
C. $(69,000)
D. $(12,000)
Answer: A
Business
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