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................................ $60,000$

The cash provided by financing activities during $2020$ is

Question $28$Select one:

a$.$

$ $540,000.$

b$.$

$ $330,000.$

c$.$

$ $390,000.$

d$.$

$ $480,000.$