Question 3 The following information on selected cash transactions for the year has been provided by Chester Company: Proceeds from sale of land 190,000 400,000 144,000 680,000 240,000 Proceeds from long-term borrowings Purchases of plant assets Purchases of inventories Proceeds from sale of common stock Chester's statement of cash flows for the year would show net cash provided (used) by investing activities of: a. $46,000 b. $256,000 C. $190,000 d. $830,000