Winslow Manor Construction provided the following information during the year:

Category Value

Proceeds from sale of building $65,000

Cash paid to purchase inventories 22,000

Proceeds from issuing long-term debt 17,000

Dividends paid to stockholders 12,000

Purchase of land for cash 56,000

Cash collected from customers 180,000

How much is the net cash provided(/used) by investing activities during the year?

a.$26,000

b.$14,000

c.$9,000

d.$12,000