During the current year, ABC Corporation did not purchase any property, plant and equipment, but sold land with a book value of $6,000 for $12,000 cash and sold a delivery truck with a cost of $18,000, depreciation of $16,000, and an appraised value of $5,000 for $4,000.What is ABC's net cash flows provided by investing activities for the year?
A)$8,000
B)$11,000
C)$16,000
D)$24,000

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The Answer of During the current year, ABC Corporation did not purchase any property, plant and equipment, but sold land with a book value of $6,000 for $12,000 cash and sold a delivery truck with a cost of $18,000, depreciation of $16,000, and an appraised value of $5,000 for $4,000.What is ABC's net cash flows provided by investing activities for the year?
A)$8,000
B)$11,000
C)$16,000
D)$24,000

During the Current Year, ABC Corporation Did Not Purchase Any