The information below is taken from the accounts of Gabbi Corporation for the year ended December 31, 2019. Each account has a normal balance. Net income $314,000 Proceeds from issuance of common stock 103,000 27,000 Proceeds from sale of building at a $15,000 85,000 gain Decrease in accounts payable 15,000 Purchase of equipment 185,000 Payment of cash dividends 24,000 Depreciation expense 67,000 Decrease in accounts receivable 23,000 Redemption of bonds payable 75,000 Increase in short-term salaries and wages 8,000 payable Proceeds from of land at a $5,000 loss 40,000 33,000 Cash at beginning of year 205,000 Cash provided (used) by operations is: $380,000