BC Co. provided the following information on selected transactions during 2021:
Proceeds from issuing preference share 300,000
Proceeds from sale of equipment 400,000
Purchase of land by issuing bonds 250,000
Proceeds from issuing bonds 500,000
Purchases of inventory 900,000
Purchases of treasury shares 150,000
Loans made to affiliated corporations 350,000
Dividends paid to preference shareholders 100,000
Collections from customers -- 2,500,000
Operating expenses paid ----- 500,000
The net cash provided by Investing activities during 2021 is