The following events occurred last year at Dewhurst Company:

Purchase of plant and equipment	$42,000
Sale of long-term investment	$25,600
Dividends received on long-term investments	$ 14,500
Paid off bonds payable	$29,000
Depreciation expense	$ 16,000

Based on the above information, the cash provided (used) by investing activities for the year on the statement of cash flows would net to:

	$(16,000)
	$(16,400)
	$(46,900)
	$(29,000)