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Listed below are some of the transactions of Carpenter Corporation during the current year: On January 1, equipment costing $18,939 with accumulated depreciation of $8,090

Listed below are some of the transactions of Carpenter Corporation during the current year:

  1. On January 1, equipment costing $18,939 with accumulated depreciation of $8,090 was sold for $8,973.
  2. On March 1, investments costing $27,192 were sold for $36,383. $29,800 of the cash received was used to purchase other investments.
  3. On June 1, bonds were issued totaling $69,348.
  4. On September 1, 948 shares of common stock were issued at par value of $20 per share.
  5. On December 31, dividends totaling $9,346 were declared and paid.

What is the effect of these transactions on the net cash provided (used) by operating activities?

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