Fast Caf Inc. is planning to make the best use out of its cash on hand by purchasing some additional kitchen equipment in January 2020. The company also sold some of its equipment in November 2020. December 31 is its year end. Below are the data of Fast Caf. Accounts Equipment Purchase of Equipment Gain on Sale of Equipment 2020 $120,000 $40,000 $5,000 2019 $110,000 Calculate the net cash provided (used) by investing activities resulting from the equipment.