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Sheffield Corp. had the following transactions during 2 0 2 5 : Issued $ 2 5 0 0 0 0 of par value common stock

Sheffield Corp. had the following transactions during 2025:
Issued $250000 of par value common stock for cash.
Recorded and paid salaries and wages expense of $119500.
Acquired land by issuing common stock valued at $100000.
Declared and paid a cash dividend of $23500.
Sold land(cost $6000) for cash of $6000.
Recorded cash sales of $840000.
Bought inventory for cash of $300000.
Acquired equipment for cash of $41800.
Converted bonds payable to common stock in the amount of $1000000.
Repaid a 6-year note payable in the amount of $453000.
What is the net cash provided (used) by investing activities?
($135800).
($35800).
$864200.
$411200
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