December 31, Y3 included the following: 1 Purchased land for $ 275,000 cash. 2 Borrowed $ 275,000 from the bank on a long-term note. 3 Sold long-term investments for $ 250,000. 4 Accounts receivable decreased by $ 50,000. 5 Paid cash dividends of $ 300,000. 6 Issued 1,000 common shares for $ 125,000. 7 Purchased machinery and equipment for $ 62,500 cash. 8 Accounts payable increased by $ 100,000. The cash provided by (used in) financing activities for Y3 was Question 37 options: ($275,000) $100,000 $25,000 ($225,000)