The balance sheet data of Corinne Company at the end of 2018 and 2017 follow: 2018 2017 Cash $50 $70 Accounts receivable (net) 320 270 Buildings and equipment 180 150 Accumulated depreciation - buildings and equipment (36) (16) Land 180 80 Totals $694 $554 Accounts payable $160 $146 Notes payable - bank, long-term 0 80 Mortgage payable 60 0 Common stock, $10 par 418 318 Retained earnings 56 10 Totals $694 $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, 2018, the net cash provided (used) by investing activities was: Select one: a. $(140) b. $(40) c. $(136) d. $(36) e. $(44)