The differences in some of Beal Inc.'s Balance Sheet accounts at December 31, 20X4 and 20X3, are presented below: Assets Increase (Decrease) Cash and cash equivalents $ 120,000 Investments in debt classified as trading securities 300,000 Accounts receivable, net - Inventory 80,000 Long-term investments (100,000) Plant assets (gross) 700,000 Liabilities and stockholders' equity Accounts payable and accrued liabilities $ (5,000) Dividends payable 160,000 Short-term bank debt 325,000 Long-term debt 110,000 Common Stock, $10 par 100,000 Additional paid-in capital 120,000 Retained earnings 290,000The following additional information relates to 20X4: net income was $790,000; cash dividends of $500,000 were declared; building costing $600,000, with a carrying amount of $350,000, was sold for $350,000; equipment costing $110,000 was acquired through the issuance of long-term debt; and a long-term investment was sold for $135,000. There were no other transactions affecting long-term investments. 10,000 shares of common stock were issued for $22 a share. In Beal's 20X4 Statement of Cash Flows, net cash used in investing activities was