The following events occurred last year at Dorder Corporation:

Purchase of plant and equipment	$61,500
Sale of long-term investment	$45,200
Dividends received on long-term investments	$23,500
Paid off bonds payable	$45,000
Depreciation expense	$24,000

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

$(24,000)

$(16,300)

$(45,000)

$(61,800)