Sheridan Company's balance sheet accounts as of December 31, 2021 and 2020 and information relating to 2021 activities are presented below. Assets December 31, 2021 2020 Cash $ 438000 $ 198000 Short-term investments 602000 Accounts receivable (net) 1030000 1030000 Inventory 1390000 1200000 Long-term investments 400000 602000 Plant assets 3410000 2010000 Accumulated depreciation (899000) (899000) Patent 182000 201000 Total assets $6553000 $4342000 Liabilities and Stockholders' Equity. Accounts payable and accrued liabilities $1660000 $1460000 Notes payable (nontrade) 581000 Common stock, $10 par 1623000 1380000 Additional paid-in capital 798000 499000 Retained earnings 1891000 1003000 Total liabilities and $6553000 $4342000 stockholders' equity Information relating to 2021 activities: Net income for 2021 was $1490000. Cash dividends of $602000 were declared and paid in 2021. Equipment costing $990000 and having a carrying amount of $320000 was sold in 2021 for $360000. A long-term investment was sold in 2021 for $320000. There were no other transactions affecting long-term investments in 2021. 24300 shares of common stock were issued in 2021 for $25 a share. Short-term investments consist of treasury bills maturing on 6/30/22. Net cash used in Sheridan's 2021 investing activities was $1670000. $1710000. O $2312000. O $1832000