9:41 PM Tue May 3 Question 2 Take Quiz 0.5 pts Wainwright Corporation had the following activities in 2020. 1. Sale of land for $120,000. 2. Purchase of inventory for $645,000. 3. Purchase of treasury stock for $52,000. 4. Purchase of equipment for $315,000. 5. Issuance of common stock for $620,000. 6. Sale of available-for-sale debt securities for $85,000. Compute the amount Wainwright should report as net cash provided (used) by investing activities in its 2020 statement of cash flows. $162,000 used in investing activities $110,000 used in investing activities $458,000 provided by investing activities $110,000 provided by investing activities $187,000 used in investing activities $162,000 provided by investing activities Question 3 0.5 pts Stansfield Corporation had the following activities in 2020. 1. Payment of accounts payable for $270,000, 2. Issuance of common stock for $150,000. 3. Payment of dividends $99.000. 4. Collection of note receivable for $85,000. 5. Issuance of bonds payable for $110,000. 6. Purchase of treasury stock for $52,000. Compute the amount Stansfield should report as net cash provided (used) by financing activities in its 2020 statement of cash flows. $196,000 provided by financing activities O $109,000 provided by financing activities $196,000 used in financing activities $109,000 used in financing activities $76,000 used in financing activities ? @ 65% Exit