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The following events occurred last year at Dorder Corporation: Purchase of plant and equipment $40,500 Sale of long-term investment $21,000 Dividends received on long-term investments

The following events occurred last year at Dorder Corporation: Purchase of plant and equipment $40,500 Sale of long-term investment $21,000 Dividends received on long-term investments $12,000 Paid off bonds payable $25,000 Depreciation expense $12,500 Based on the above information, the cash provided (used) by investing activities for the year on the statement of cash flows would net to: $(45,000) $(12,500) $(25,000) $(19,500)

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