Pharoah Company had the following transactions during 2025: 1. Issued $270000 of par value common stock for cash. 2. Recorded and paid salaries and wages expense of $114500. 3. Acquired land by issuing common stock valued at $100000. 4. Declared and paid a cash dividend of $21400. 5. Sold land(cost $6000) for cash of $6000. 6. Recorded cash sales of $820000. 7. Bought inventory for cash of $305000. 8. Acquired equipment for cash of $45900. 9. Converted bonds payable to common stock in the amount of $1000000. 10. Repaid a 6-year note payable in the amount of $412000. What is the net cash provided (used) by investing activities? O $448100 ($39900). O ($139900). O $860100