The following events occurred last year at Dorder Corporation:

Purchase of plant and equipment$60,000Sale of long-term investment$40,500Dividends received on long-term investments$21,200Paid off bonds payable$45,000Depreciation expense$22,000

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

$(45,000)

$(19,500)

$(65,300)

$(22,000)