Use the following information for the next two (2) questions. Napier Company provided the following information on selected transactions during 2020:

Purchase of land by issuing bonds - 250,000

Proceeds from issuing bonds -1,000,000

Purchases of inventory-950,000

Purchase of treasury shares -150,000

Loans made to affiliated corporations- 350,000

Dividends paid- 400,000

Proceeds from sales equipment -50,000

1.What is the net cash used by investing activities?

2.What is the net cash provided by financing activities?