During 2014 the DLD Company had a net income of $75,000. Below is information taken from a DLDs last two balance sheets:

2013 2014

Accounts recievable (all current) 51000 54000

accounts payable 3000 4000

land 100,000 96,000

equipment 50,000 50,000

accumulated depreciation, equipment 3,500 5,000

common stock 4,200 12,200

Additional information: 1. Long-term notes receivable related to a loan DLD made to another business entity in the amount of $10,000 were paid back in cash before maturity.

2. DLD sold a piece of land at a $500 loss. No other land was purchased during the period.

3. Dividends in the amount of $2,000 were paid during the year

What was the amount of cash provided by operating activities?

a. $85,000 b. $75,000 c. $77,000 d. $75,500

What was the net cash inflow from investing activities?

a. $13,500 b. $4,000 c. $6,500 d. $3,500