The following is a condensed version of the comparative balance sheets for Angelo Corporation for the last two years at December 31.

	2020	2019
Cash	$371,700	$163,800
Accounts Receivable	378,000	388,500
Investments	109,200	155,400
Equipment	625,800	504,000
Accumulated Depreciation - Equipment	(222,600)	(186,900)
Accounts Payable	281,400	317,100
Common Stock	336,000	336,000
Retained Earnings	644,700	371,700

Additional Information: Investments were sold at a loss of $21,000; no equipment was sold; cash dividends paid were $63,000; and net income was $336,000.

What was the amount of cash used by financing activities?

$207,900

$63,000

$399,000

$336,000