Jaguar Electronics had the following transactions during 2016:

Issued $50,000 of par value common stock for cash.

Repaid a 6 Year note payable in the amount of $22,000.

Acquired land by issuing common stock of par value $100,000.

declared and paid a cash dividend of $2,000.

Sold a long-term investment (cost $3,000) for cash of $8,000.

Acquired an investment in IBM stock for cash of $15,000.

What is the net cash provided (used) by investing activities?