Use the following information for questions 13 and 14. Hapier Co. provided the following information on selected transactions during 2019: Purchase of land by issuing bonds P500,000 Proceeds from issuing bonds 1,000,000 Purchases of inventory 1,900,000 Purchases of treasury stock 300,000 Loans made to affiliated corporations 700,000 Dividends paid to preferred stockholders 200,000 Proceeds from issuing preferred stock 800,000 Proceeds from sale of equipment 100,000 13. The net cash provided (used) by investing activities during 2019 is a. P100,000. b. P(600,000). c. P(1,100,000). d. P(2,500,000).