1. The following transactions occurred last year at a Jogger Company:

Issuance of shares of the company's own common stock	$121,000
Dividends paid to the company's own shareholders	$4,100
Sale of long-term investments	$5,100
Interest paid to lenders	$10,200
Retirement of the company's own bonds payable	$111,000
Proceeds from sale of the company's used equipment	$32,300
Purchase of new equipment	$178,500

Based soley on the above information, the net cash provided by financing activities for the year on the statement of cash flows would be:

a. $5,900

b.$(4,300)

c.$(153,300)

d. $5,900

2. Newburn Corporation's most recent balance sheet appears below:

	Ending Balance	Beginning Balance
Asset:
Cash and cash equivalents	$50	$44
Accounts receivable	78	67
Inventory	56	71
Property, plant and equipment	524	476
Less accumulated depreciation	231	216
Total Assests	$477	$442
Liabilities and stockholders' equity:
Accounts payable	$64	$71
Bonds payable	322	358
Common stock	59	58
Retained earnings	32	(45)
Total liabilities and stockholders' equity	$477	$442

The company's net income forthe year was $84 and it did not sell or retire any property, plant, and equipment during the year. Cash dividends were $7. The net cash provided by (used in) investing activities for the year was:

a. $48

b. $15

c. $(48)

d. $(15)