Your answer is partially correct.

The balance sheet data of Sheffield Company at the end of $2025$ and $2024$ are shown below.

Equipment was purchased for $$19,500$ in exchange for common stock, par $$19,500,$ during the year; all other equipment purchased

was for cash. Land was sold for $$31,500.$ Cash dividends of $$7,000$ were declared and paid during the year.

Compute net cash provided $($used$)$ by: $($Show amounts that decrease cash flow with either $a-$ sign e$.$g$.-12,000$ or in parenthesis e$.$g$.(12,00$

$($a$)$ Net cash by operating activities. $

$($b$)$ Net cash $,$ by imesting activities. $

$($c$)$ Net cash by financing activities. $