The following data are available for Alamo Corporation.

Sale of land $225,000$Sale of equipment $130,000$

Issuance of common stock $140,000$

Purchase of equipment $70,000$

Payment of cash dividends $120,000$

Net cash provided by investing activities is:

Select one alternative:

$285,000$

$425,000$

$305,000$

$260,000$