The following events occurred last year at Dorder Corporation:

Purchase of plant and equipment	$	65,000
Sale of long-term investment	$	44,000
Dividends received on long-term investments	$	21,000
Paid off bonds payable	$	48,000
Depreciation expense	$	20,000

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

Multiple Choice

$(48,000)

$(68,000)

$(20,000)

$(21,000)