QUESTION 2 The following information on selected cash transactions for 2021 has been provided by Mancuso Company: Proceeds from sale of land $315,000 Proceeds from long-term borrowings 600,000 Purchases of plant assets 216,000 Purchases of inventories 1,020,000 Proceeds from sale of Mancuso common stock 360,000 What is the cash provided (used) by investing activities for the year ended December 31, 2021, as a result of the above information? 1,275,000 $384,000 $315,000 $99,000