3. Taida Corp.'s transactions for the year ended December 31, 2019 included the following: 
●Acquired 50% of X Corp.'s ordinary shares for $180,000 cash which was borrowed from a bank. ●Issued 5,000 of its preference shares for land having a fair value of $320,000. ●Issued 500 of its 11% debenture bonds, due 2019, for $392,000 cash. ● Purchased a patent for $220,000 cash. ●Paid $120,000 toward a bank loan.
●Sold non-trading investments for $796,000.
●Had a net increase in returnable customer deposits (long-term) of $88,000.
What is Taida's net cash provided by investing activities for 2019?
(A) $296,000
(B)$396,000
(C) $476,000.
(D) $616,000.