Lucknow Corp. provided the following information for calendar Y9: Lucknow 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 (used in) investing activities during Y9 is Question 40 options: ($480,000) ($600,000) $60,000 ($360,000)