Panier Co. provided the following information on selected transactions during 2020:

Purchase of land by issuing bonds 250,000

Proceeds from issuing bonds 500,000

Purchases of inventory 950,000

Purchases of treasury shares 150,000

Loans made to affiliated corporations 350,000

Dividends paid to preference shareholders 100,000

Proceeds from issuing preference share 400,000

Proceeds from sale of equipment 50,000

The net cash provided by financing activities during 2020 is

a. 550,000

b. 650,000 (CORRECT ANSWER)

c. 800,000

d. 900,000

How to get +650,000 provided. My answer is -50,000 used pls help