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  3. for 20x1, map inc. had net income of $8,100 and co

For 20X1, MAP Inc. had net income of $8,100 and collected the following information: ...

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Accounting

For 20X1, MAP Inc. had net income of $8,100 and collected the following information:
Received dividends
$1,200
Decrease in merchandise inventory ,1,800
Decrease in long-term notes payable ,3,200
Increase in retained earnings ,6,100
Cash received from sale of equipment 3,500
Issued common stock for cash
3,700
Based on this information, what is MAP's net cash provided (used) by financing activities for 20X1?
$500
=>,($1,500)
($2,200)
$3,700
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