The following information on selected cash transactions for 2021 has been provided by Will Company: Proceeds from sale of land Proceeds from long-term borrowings Purchases of inventories Proceeds from sale of Will ordinary shares Purchases of plant assets What is the cash provided (used) by investing activities for the year ended December 31, 2021, as a result of the above information? O P160,000 O P8,000,000 O P2,560,000 O P1.600,000 P1,600,000 4,000,000 6,800,000 2,400,000 1,440,000