Use the following company information to calculate net cash provided or used by investing activities.

(a) Long-term investments were sold for $45,500 cash, yielding a gain of $21,050.

(b) Paid $66,500 cash for new machinery.

(c) Sold land costing $32,900 for $37,800 cash, yielding a $4,900 gain.

(d) Equipment with a book value of $184,000 and an original cost of $309,000 was sold at a loss of $21,500.

Use the following company information to calculate net cash provided or used by investing activities. (a) Long-term investments were sold for $45,500 cash, yielding a gain of $21,050. (b) Paid $66,500 cash for new machinery. (c) Sold land costing $32,900 for $37,800 cash, yielding a $4,900 gain. (d) Equipment with a book value of $184,000 and an original cost of $309,000 was sold at a loss of $21,500