Schnayer Corp. follows ASPE and provided the following information for calendar 2020. Proceeds from issuing bonds Purchase of inventories Purchase of long-term investment Dividends paid to preferred shareholders Proceeds from issuing preferred shares Proceeds from sale of equipment $ 300,000 570,000 420,000 60,000 240,000 60,000 The cash provided by (used in) investing activities during 2020 is Select one: O a. $ 60,000 b. $ (360,000). c. $ (600,000) O d. $ (660,000)