During the year, Dunder Mifflin Inc. had the following activities:

1. Purchased property, plant, and equipment for $241

2. Issued 100 common shares for $240 cash

3. Paid employees $45 in salaries and wages

4. Sold land for $465 cash

5. Purchased shares of another corporation for $354

What amount should Dunder Mifflin report as net cash provided (used) by investing activities in its statement of cash flows?

a.

$(383)

b.

$(224)

c.

$(130)

d.

$1060