elected information from Regan Ltd.'s 2020 accounting records is as follows:

	Proceeds from sale of land...............................		$300,000
	Proceeds from long-term borrowings...............		400,000
	Purchase of plant assets.................................		280,000
	Purchase of inventories...................................		850,000
	Proceeds from issuance of common shares.....		300,000

Based on the above information, the cash provided by investing activities for calendar 2020 is

$20,000.

$400,000.

$200,000.

$320,000.