how to calculate net cash flow provided by investing activities

Question

Cezar Corporation's comparative balance sheet appears below:

Cezar Corporation Comparative Balance Sheet
	Ending Balance	Beginning Balance
Assets:
Current assets:
Cash and cash equivalents	$ 68,000	$ 43,000
Accounts receivable	26,500	33,000
Inventory	71,500	63,000
Total current assets	166,000	139,000
Property, plant, and equipment	447,000	430,000
Less accumulated depreciation	191,500	163,000
Net property, plant, equipment	255,500	267,000
Total assets	$421,500	$406,000
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 20,600	$ 23,000
Accrued liabilities	60,000	63,000
Income taxes payable	60,500	53,000
Total current liabilities	141,100	139,000
Bonds payable	87,300	83,000
Total liabilities	228,400	222,000
Stockholders' equity:
Common stock	34,000	43,000
Retained earnings	159,100	141,000
Total stockholders' equity	193,100	184,000
Total liabilities and stockholders' equity	$421,500	$406,000

The company did not dispose of any property, plant, and equipment during the year. Its net income for the year was $25,600 and its cash dividends were $7,500. The company did not retire any bonds payable or issue any common stock during the year. Its net cash provided by operating activities and net cash used in financing activities are:

a. net cash provided by operating activities, $35,000; net cash used in financing activities,$12,200

b. net cash provided by operating activities, $54,200; net cash used in financing activities,$12,200

c. net cash provided by operating activities, $54,200; net cash used in financing activities,$11,800

d. net cash provided by operating activities, $35,000; net cash used in financing activities,$11,800