A company had the following transactions during 2017:

• Issued $250,000 of par value common stock for cash.

• Recorded and paid wages expense of $120,000.

• Acquired land by issuing common stock of par value $1,000,000.

• Declared and paid a cash dividend of $20,000.

• Sold a long-term investment (cost $6,000) for cash of $6,000.

• Recorded cash sales of products of $800,000.

• Bought inventory for cash of $320,000.

• Acquired an investment in Zynga stock for cash of $42,000.

• Converted bonds payable to common stock in the amount of $1,000,000.

• Repaid a 6-year note payable in the amount of $440,000.

What is the net change in cash due to investing activities?

	a.	$864,000.
	b.	($136,000).
	c.	($36,000).
	d.	$424,000