Wander Company's Comparative Balance Sheet and Income Statement for Last

Multiple Choice

Wander Company's comparative balance sheet and income statement for last year appear below: The company declared and paid $39,000 in cash dividends during the year. The following questions pertain to the company's statement of cash flows.
-The net cash provided by (used in) investing activities last year was:

A) $80,000
B) $(80,000)
C) $70,000
D) $(70,000)