Manning Tint,Inc Additional Information Provided by the Company Includes the Following:
1

Manning Tint,Inc.uses the indirect method to prepare its statement of cash flows.Refer to the following portion of the comparative balance sheet: $\begin{array}{c}\text { Manning Tint, Inc.}\\\text { Comparative Balance Sheet}\\\text { December 31,2017 and 2016}\\\begin{array}{|l|r|r|r|}\hline& 2017 & 2016 & \text { Increase/(Decrease) } \\ \hline \text { Cash } & \$ 28,000 & \$ 25,000 & \$ 3,000 \\\hline \text { Accounts Receivable } & 32,000 & 38,000 & (6,000 \\\hline \text { Merchandise Inventory } & 55,000 & 25,000 & 30,000 \\\hline \text { Plant and Equipment } & 126,000 & 93,000 & 33,000 \\\hline \text { Accumulated Depreciation-Plant } & & & \\\text { and Equipment } & \underline{44,000} & \underline{(45,000} & \underline{(81,000) } \\\hline \text { Total Assets } & \$ 197,000 & \$ 136,000 & \$ 141,000 \\\hline\end{array}\end{array}$ Additional information provided by the company includes the following:
1.Equipment was purchased for $66,000.
2.Equipment with a cost of $37,000 and accumulated depreciation of 7,200 was sold for $49,000.
What was the amount of net cash provided by (used for) investing activities?

A) $256,000
B) $17,000
C) $(256,000)
D) $(17,000)