Question: The answer is $ 2 9 8 , 0 0 0 but I am not sure how they got that answer. Please help! Here is

The answer is $298,000 but I am not sure how they got that answer. Please help! Here is the question: The following information on selected cash transactions for 2020 has been provided by Ralph Company: Proceeds from sale of larid $240000 Issuance of notes payable to acquire a building $540000 Purchases of plant assets $180000 Purchases of inventories $850000 Proceeds from issuance of Raymond common shares $300000 What is the cash provided (used) by investing activities for the year ended December 31,2020, as a result of the above information?

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