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Question 16 The following information on selected cash transactions for 2021 has been provided by Bonita Industries: Proceeds from sale of land $319000 Proceeds from

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Question 16 The following information on selected cash transactions for 2021 has been provided by Bonita Industries: Proceeds from sale of land $319000 Proceeds from long-term borrowings 590000 Purchases of plant assets 214000 Purchases of inventories 1016000 Proceeds from sale of Bonita common stock 358000 What is the cash provided (used) by investing activities for the year ended December 31, 2021, as a result of the above information? $376000 $105000. $1267000. $319000

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