Waite Company's comparative balance sheet and income statement for last year appear below: Statement of Financial Position Cash Accounts receivable.. Inventory Prepaid expenses Long-term investments Plant and equipment.. Accumulated depreciation... Total assets. Ending Beginning Balance Balance $ 27,000 $ 22,000 56,000 60,000 48,000 36,000 14,000 11,000 270,000 230,000 440,000 440,000 ( 306,000) (276,000) $549,000 $523,000 Accounts payable... Accrued liabilities. Taxes payable.. Bonds payable Deferred taxes Common stock.. Retained earnings. Total liabilities and owners' equity ..... $ 43,000 $ 33,000 20,000 25,000 6,000 9,000 130,000 150,000 22,000 20,000 120,000 110,000 208,000 176,000 $549,000 $523,000 The company declared and paid $24,000 in cash dividends during the year. The following questions pertain to the company's statement of cash flows. The net cash provided by (used in) investing activities last year was: Select one: O a. $(40,000) O b. $40,000 O c. $(30,000) O d. $30,000