Old South Company purchased investments for $55,000 and plant assets for $147.000 during the current year, during which it also sold plant assets for $66.000, at a gain of $6,000. The company also purchased treasury stock for $78,000 and sold a new issue of common stock for $523,000. Determine the amount of cash provided by or used for investing activities for the year. Net cash used for investing activities S(240,000) Old South Company purchased investments for $55,000 and plant assets for $147.000 during the current year, during which it also sold plant assets for $66.000, at a gain of $6,000. The company also purchased treasury stock for $78,000 and sold a new issue of common stock for $523,000. Determine the amount of cash provided by or used for investing activities for the year. Net cash used for investing activities S(240,000)