Valley Mills Enterprises Presented Here Are Cash Flows (In

Multiple Choice

Valley Mills Enterprises Presented here are cash flows (in $ Millions) for Valley Mills Enterprises' most recent fiscal year.
$\begin{array}{lrr}\underline{\text { Cash received from: }}\\ \text { Customers } &\$2,500\\ \text { Interest on investments } &270\\ \text { Sale of old equipment } &240\\ \text { Sale of company's capital stock } &700\\ \text { Long-term debt proceeds} &1,300\\\end{array}$


$\begin{array}{lr}\underline{\text { Cash paid for: }}\\\text { Interest on debt } & \$ 60 \\\text { Income tax } & 140 \\\text { Principal payments on debt } & 1,100 \\\text { Purchase of building } &4,000 \\\text { Purchase of inventory } & 1,600 \\\text { Dividends on capital stock } & 400 \\\text { Operating expenses } & 825\end{array}$
Net cash flows provided (used) by investing activities are ________.

A) ($2,460)
B) ($3,490)
C) ($3,760)
D) ($4,000)