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Toan Corporation's financial statements included the following amounts for the current year: Issued new shares of preferred stock $98.000 Loaned cash to key supplier 24,000

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Toan Corporation's financial statements included the following amounts for the current year: Issued new shares of preferred stock $98.000 Loaned cash to key supplier 24,000 Bought new delivery truck for cash 59,000 Proceeds from the sale of used production machinery 29,000 Sold treasury stock 31,000 Based on this information, what is the amount of net cash provided (used) by investing activities? $5,000 net outflow $54,000 net outflow $54,000 net inflow $30,000 net inflow

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