[Get Answer ]-Accounting 2 Question 3
1. Issued $50,000 of parvalue common stock for cash.
2. Repaid a 6 year note payable in theamount of $22,000.
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3. Acquired land by issuing common stock of par value $50,000.
4.Declared and paid a cash dividend of $7,000.
5. Sold a long-term investment(cost $3,000) for cash of $6,000.
6.Acquired an investment in IBM stock for cash of $10,000.
What is the net cash providedby financing activities?
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