Keynes Corp. had the following cash transactions during 2020. Proceeds from sale of land: $312,000 Proceeds from long-term borrowings: $260,000 Purchases of plant assets: $215,000 Purchases of inventories: $458,000 Proceeds from sale of Keynes common stock: $1,200,000 The land that was sold had an original cost to Keynes of $189,000. Determine net cash provided (used) by investing activities for Keynes for 2020.

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