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Okay Clothing (OC) had the following long-term investment balances for Year 1 and 2: Year 2 Year 1 Long-term investments $560,000 $485,000 During Year 2,

Okay Clothing (OC) had the following long-term investment balances for Year 1 and 2: Year 2 Year 1 Long-term investments $560,000 $485,000 During Year 2, OC sold long-term investments for $80,000, resulting in a gain on sale of $25,000. Assume the company prepares its financial statements in accordance with ASPE. What is the cash paid for long-term investments during Year 2? 

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