Consider the following facts: Company A had the following transactions during 2013: 1. Issued $60,000...
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Accounting
Consider the following facts: Company A had the following transactions during 2013: 1. Issued $60,000 of par value common stock for cash. 2. Repaid a 6 year note payable in the amount of $21,000. 3. Acquired land by issuing common stock of par value $50,000. 4. Declared and paid a cash dividend of $5,000. 5. Sold a long-term investment (cost $63,000) for cash of $6,000. 6. Acquired an investment in IBM stock for cash of $10,000. What is the net cash provided by financing activities?
a. $0
b. None of these answers are correct.
c. $34,000
d. $39,000
e. $80,000
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