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-carrent Liabilities Bonds payable Total Liabilities \begin{tabular}{rr} 3,000,000 & 3,000,000 \\ \hline 3,162,000 & 3,180,000 \end{tabular} Equity Common Shares Retained Earnings Total Equity Total Liabilities and Equity \begin{tabular}{rr} 2,400,000 & 2,500,000 \\ 32,250 & 47,250 \\ \hline 2,432,250 & 2,547,250 \\ \hline 5,594,250 & 5,727,250 \\ \hline \end{tabular} Income Statement \begin{tabular}{lr} Sales Revenue & 2,000,000 \\ Cost of Goods Sold & (1,000,000) \\ \hline Gross profit & 1,000,000 \\ \hline \end{tabular} Operating expenses (150,000) Depreciation expense (400,000) Loss on sale of building (200,000) Interest Expense (200,000) Income Before Tax 50,000 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. - Modk Corp. dedared 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. $200,000 b. $800,000 C. $1,200,000 d. $1,000,000 e. None of the other alternatives are correct