Christopher Corp

Christopher Corp.is preparing its statement of cash flows using the indirect method.It provides the following information about transactions for the year: Plant assets,net-beginning balance: $111,000
Plant assets,net-ending balance: $148,000
Equipment was purchased for $65,000.
Equipment with a net asset value of $12,000 was sold for $18,000.
Depreciation Expense of $16,000 was recorded during the year.
What was the amount of net cash provided by (used for) investing activities?

A) $(47,000)
B) $47,000
C) $(63,000)
D) $(39,000)