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Selected information from Hatian Corp.'s 2020 accounting records is as follows: Hatian adheres to ASPE. Proceeds from issuance of common shares........... $200,000 Proceeds from issuance

Selected information from Hatian Corp.'s 2020 accounting records is as follows: Hatian adheres to ASPE.

Proceeds from issuance of common shares........... $200,000
Proceeds from issuance of bonds.......................... 600,000
Cash dividends paid on common shares............... 80,000
Cash dividends paid on preferred shares............. 30,000
Purchase of a FV-NI investment............................ 60,000
Sale of shares to officers and employees
not included above................................................ 50,000

Based on the above information, the cash provided by (used in) financing activities for calendar 2020 is

$740,000.

$(110,000).

$90,000.

$80,000

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