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please Marcellus corp. provided the following information for calendar 2020: Marcellus adheres to ASPE (Hint: Under ASPE Dividends Paid is classified as operating activities) Proceeds

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Marcellus corp. provided the following information for calendar 2020: Marcellus adheres to ASPE (Hint: Under ASPE Dividends Paid is classified as operating activities) Proceeds from issuing bonds.. $200,000 Purchase of inventories... 380,000 Purchase of treasury shares.. 60,000 Purchase of long-term investment.. 280,000 Dividends paid to preferred shareholders..... 40,000 Proceeds from issuing preferred shares... 160,000 Proceeds from sale of equipment. 40,000 Calculate the cash provided by financing activities during 2020. Show your calculations

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