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XYZ, Inc. reported net income of $65,000 for the year ended December 31, 2021. Included in net income were depreciation expense of $20,000 and a

XYZ, Inc. reported net income of $65,000 for the year ended December 31, 2021. Included in net income were depreciation expense of $20,000 and a gain on sale of equipment of $5,400. The equipment had an historical cost of $70,000 and accumulated depreciation of $55,000. Each of the following accounts increased during 2021:

Land $13,000

Prepaid rent $13,600

Available-for-sale securities $3,000

Prepaid expense $20,000

What is the amount of cash provided by or used by investing activities for XYZ, Inc. for the year ended December 31, 2021?

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