The following events occurred last year at Dewhurst Company:

Purchase of plant and equipment	$22,000
Sale of long-term investment	$19,000
Dividends received on long-term investments	$9,000
Paid off bonds payable	$23,000
Depreciation expense	$11,500

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

$(11,500)

$(3,000)

$(23,000)

$(28,500)