The balance sheet data of Corinne Company at the end of 2024 and 2023 follow: 2024 2023 Cash $50 $70 270 320 180 150 Accounts receivable (net) Buildings and equipment Accumulated depreciation - buildings and equipment Land Totals (36) (16) 180 $694 80 $554 $146 80 Accounts payable Notes payable - bank, long-term Mortgage payable Common stock, $10 par Retained earnings Totals $160 0 60 418 56 $694 0 318 10 $554 Land worth $100 was acquired in exchange for common stock, par $100, during the year, all equipment purchased was acquired with cash. Equipment costing $10 was sold for $4; book value of the equipment was $8 and the loss was reported as an ordinary item in net income. Cash dividends of $20 were charged to retained earnings and paid during the year, the transfer of net income to retained earnings was the only other entry in the Retained Earnings account. In the statement of cash flows for the year ended December 31, 2024, the net cash provided (used) by investing activities was: Select one: a. $(140) b. $(40) c. $(136) d. $(36) O e. $(44)