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The following events occurred last year at Dorder Corporation: Purchase of plant and equipment $33,600 Sale of long-term investment $12,500 Dividends received on long-term investments

The following events occurred last year at Dorder Corporation:

Purchase of plant and equipment $33,600
Sale of long-term investment $12,500
Dividends received on long-term investments $7,250
Paid off bonds payable $16,500
Depreciation expense $14,500

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

$(16,500)

$(44,850)

$(21,100)

$(14,500)

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