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Selected information from Ronald Ltd's accounting records for the year ended December 31, 2022 is as follows: Proceeds from sale of land $ 700,000

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Selected information from Ronald Ltd's accounting records for the year ended December 31, 2022 is as follows: Proceeds from sale of land $ 700,000 Proceeds from long-term borrowings 400,000 Purchase of plant assets 280,000 Purchase of inventories 850,000 Proceeds from issuance of common shares 300,000 Based on the above information, in 2020, the cash provided by investing activities is $ 420000 the cash provided by financing activities is $ 700000 and

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