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Sunland Company provided the following information on selected transactions during 2021: Purchase of land by issuing bonds $1020000 Proceeds from issuing bonds 2930000 Purchases of

Sunland Company provided the following information on selected transactions during 2021:

Purchase of land by issuing bonds $1020000
Proceeds from issuing bonds 2930000
Purchases of inventory 3770000
Purchases of treasury stock 608000
Loans made to affiliated corporations 1370000
Dividends paid to preferred stockholders 396000
Proceeds from issuing preferred stock 1690000
Proceeds from sale of equipment 306000

The net cash provided (used) by investing activities during 2021 is

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