1) Maine Company sold a plant asset during 2021. The original cost of the plant asset was $650,000 and the accumulated depreciation at date of sale was $520,000. The proceeds from the sale of the plant asset were $85,000. The effect of the sale of this asset on the operating activities section is?

2) Jersey Corporation had net income for 2021 of $3,500,000. Additional information is as follows:

Depreciation of plant assets $600,000

Amortization of intangibles 200,000

Increase in accounts receivable 52,000

Decrease in accounts payable 240,000

Jerseys net cash provided (used) by operating activities for 2021 was?