Early in 2018, Larsen Corporation purchased marketable securities at a cost of $88,000. In September, dividends of $6,400 were received; Larsen sold the securities in December at a gain of $5,400. How would these transactions be reported on Larsen's statement of cash flows for 2018?

rev: 06_27_2018_QC_CS-130292

Multiple Choice

• $11,800 net cash provided by investing activities.

• $82,600 net cash used in investing activities; $93,400 cash provided by investing activities.

• $5,400 net cash provided by investing activities; $6,400 included in cash provided by operating activities.

• $93,400 cash provided by investing activities; $88,000 cash used in financing activities.