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What the cash provided by investing activities

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Reference no: EM132597013

Fables Corp. provided the following information for calendar 2020: Fables adheres to ASPE.

Proceeds from issuing bonds...........................$300,000

Purchase of inventories...................................570,000

Purchase of treasury shares...........................90,000

Purchase of long-term investment..................420,000

Dividends paid to preferred shareholders......60,000

Proceeds from issuing preferred shares.........240,000

Proceeds from sale of equipment...................60,000

Question 1: The cash provided by (used in) investing activities during 2020 is

Reference no: EM132597013

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