The following information on selected cash transactions for 2020 has been provided by Ralph Company:
Proceeds from sale of larld $240000
Issuance of notes payable to acquire a building $540000
Purchases of plant assets $180000
Purchases of inventories $85000
Proceeds from issuance of Raymond common shares
What is the cash provided (used) by investing activities for the year ended December 31, 2020, as a result of the above information?