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