Your Answer Correct Answer (Used) - Your answer is partially correct. Wainwright Corporation had the following activities in 2020. 1. Sale of land $180,000 4. Purchase of equipment $415,000 2. Purchase of inventory $845,000 5. Issuance of common stock $320,000 3. Purchase of treasury stock $72,000 6. Purchase of available-for-sale debt securities $59,000 1/2 : Compute the amount Wainwright should report as net cash provided (used) by investing activities in its 2020 statement of cash flows. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Net cash used by investing activities $ 1080000 27