The following information provides balance sheet data for Weber Company at the end of 2020 and 2019 follow:

		2020	2019
Cash		$ 100,000	$ 140,000
Accounts receivable (net)		240,000	180,000
Merchandise inventory		280,000	180,000
Prepaid expenses		40,000	100,000
Buildings and equipment		360,000	300,000
Accumulated depreciationbuildings and equipment		(72,000)	(32,000)
Land		360,000	160,000

Totals

$1,308,000

$1,028,000

Accounts payable		$272,000	$220,000
Accrued expenses		48,000	72,000
Notes payablebank, long-term			160,000

Mortgage payable

120,000

Common stock, $10 par		936,000	636,000
Retained earnings (deficit)		32,000	(60,000)
		$1,308,000	$1,028,000

Land was acquired for $200,000 in exchange for common stock, par $200,000, during the year; all equipment purchased was for cash. Equipment costing $20,000 was sold for $8,000; book value of the equipment was $16,000 and the loss was reported as an ordinary item in net income. Cash dividends of $40,000 were charged to retained earnings and paid during the year; the transfer of net income to retained earnings was the only other entry in the Retained Earnings account. In the statement of cash flows for the year ended December 31, 2020, for Weber Company:

The net cash provided (used) by investing activities was

Question 23 options:

a)	$(272,000).
b)	$(72,000).
c)	$52,000.
d)	$(80,000).