(L02) Wainwright Corporation had the following activities in 2017.

1. Sale of land $180,000. 4. Purchase of equipment $415,000.

2. Purchase of inventory $845,000. 5. Issuance of common stock $320,000.

3. Purchase of treasury stock $72,000. 6. Purchase of available-for-sale debt securities $59,000.

Compute the amount Wainwright should report as net cash provided (used) by investing activities in its 2017 statement of cash flows.