Answer:
cash used by investing activities 60,000
Explanation:
<u><em>Operating:</em></u>
purchase of inventory (120,000)
<u><em>Investing:</em></u>
acquisition of available-for-sale securities: (60,000)
<u><em>Financing:</em></u>
Issuance of common stock 150,000
Purchase of treasury stock (70,000)
The investing activities will be those which represent a use of cash in securities, shares and note receivables and the cash inflow generate from this investment.