Hirshberg Corporation's comparative balance sheet appears below: The company's net income for the year was $4,300 and its cash dividends were $1,400. It did not sell or retire any property, plant, and equipment during the year.The company's net cash provided by (used in) investing activities is:v: 02_23_2016_QC_CS-43371

A) $(18,000)
B) $(14,000)
C) $36,200
D) $46,000

The net cash provided by (used in) investing activities can be calculated as the change in the property, plant, and equipment balance (ending balance - beginning balance) minus any proceeds from selling or retiring property, plant, and equipment. Since the company did not sell or retire any property, plant, and equipment during the year, the net cash provided by (used in) investing activities is equal to the change in the property, plant, and equipment balance, which is $(14,000) [($75,000 - $89,000)].