Mock Corp. reported the following comparative balance sheets for the years-ended December 31 , 2020 and 2019 ("2020" and "2019", respectively); and the income statement for 2020: (Please round off your answer to two decimal places where applicable.) Non-current Liabilities \begin{tabular}{ccc} Bonds payable & 3,000,000 & 3,000,000 \\ \hline Total Liabilities & 3,162,000 & 3,180,000 \end{tabular} Equity \begin{tabular}{lrr} Common Shares & 2,400,000 & 2,500,000 \\ Retained Earnings & 32,250 & 47,250 \\ \hline Total Equity & 2,432,250 & 2,547,250 \\ \hline \hline Total Liabilities and Equity & 5,594,250 & 5,727,250 \\ \hline \end{tabular} Income Statement Sales Revenue 20202,000,000(1,000,000)1,000,000 \begin{tabular}{lr} Cost of Goods Sold & (1,000,000) \\ \hline Gross profit & 1,000,000 \\ \hline \hline \end{tabular} \begin{tabular}{lc} Operating expenses & (150,000) \\ Depreciation expense & (400,000) \\ Loss on sale of building & (200,000) \\ Interest Expense & (200,000) \\ Income Before Tax & 50,000 \\ Income Tax Expense (30%) & (15,000) \\ \hline Net Income & 35,000 \\ \hline \end{tabular} Additional Information - Mock Corp. repurchased common shares in 2020 by paying $100,000 cash - All interest expenses are related to the bonds payables. - Building costing $1,000,000 was disposed of during the year. No additional building was purchased. - Mock Corp. declared and paid dividends to its shareholders in 2020 - Mock Corp. treats all dividend income and payments as financing activities. What is the amount of cash generated by (used for) the disposal of the building?: a. $1,200,000 b. $1,000,000 C. $800,000x d. None of the other alternatives are correct e. $200,000