Warners Co transactions for the year included the following:

-Dividends to preferred shareholders $600,000.

-Issued 500 shares of common stock for $250,000.

-Purchased land for $550,000 through the issuance of a long term note.

-Reduced accounts receivable by $100,000.

-Sold available-for-sale securities for $500,000.Purchased machinery and equipment for $125,000 cash

-Paid $100,000 toward a bank loan.

-Increased accounts payable $200,000.

-Warnerss net cash provided (used) in investing activities for the year was

a. $675,000.

b. $375,000.

c. $175,000.

d. $50,000.

Warners 's net cash provided (used) in financing activities for this year was

a. $50,000.

b. $250,000.

c. $450,000.

d. $500,000.