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The following events occurred last year at Dorder Corporation: Purchase of plant and equipment $55,000 Sale of long-term investment $36,500 Dividends received on long-term investments

The following events occurred last year at Dorder Corporation:

Purchase of plant and equipment $55,000
Sale of long-term investment $36,500
Dividends received on long-term investments $19,000
Paid off bonds payable $42,000
Depreciation expense $21,500

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

$(42,000)

$(18,500)

$(63,000)

$(21,500)

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