The following events occurred last year at Dorder Corporation:

Purchase of plant and equipment	$ 43,000
Sale of long-term investment	$ 22,000
Dividends received on long-term investments	$ 12,000
Paid off bonds payable	$ 27,000
Depreciation expense	$ 16,000

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:

• $(52,000)

• $(21,000)

• $(16,000)

• $(27,000)