In Preparing Marjorie Company's Statement of Cash Flows for the Most

Multiple Choice

In preparing Marjorie Company's statement of cash flows for the most recent year,the following information is available: Net cash flows from investing activities for the year were:

A) $438,000 of net cash used.
B) $438,000 of net cash provided.
C) $264,000 of net cash used.
D) $351,000 of net cash used.
E) $264,000 of net cash provideD.