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 long-term investment. 420,000 Dividends paid to stockholders ........... 60,000 Proceeds from issuing common stock. 240,000 Proceeds from sale of equipment............ 60,000 The cash provided by (used in) investing activities during 2020 is $ (360,000) $ 60,000 $ (660,000) $(600,000)