23. Austin Incorporated, had net income for 2021 of $5,400,000. Additional information is as follows: Amortization expense of ROU equipment Depreciation expense on plant assets Long-term debt: Bond discount amortization Cash interest paid Increase in net deferred tax assets Pension benefit plans $ 45,000 1,650,000 65,000 900,000 20,000 The excess of cash contributions over pension expense 20,000 What should be the net cash provided by operating activities in the statement of cash flows for the year ended December 31, 2021, based solely on the above information? a. $7,030,000. b. $7,060,000. c. $7,120,000. d. $7,040,000. e. None of above. 24. Peavy Corp.'s transactions for the year ended December 31, 2020 included the following: Borrowed $300,000 from a bank. Issued 5,000 shares of its preferred stock for land having a fair value of $480,000. Issued 600 of its 11% debenture bonds, due 2023, for $588,000 cash. Purchased a patent for $330,000 cash. Paid $180,000 to pay off a bank loan. Sold available-for-sale securities for $1,194,000. Sold 2000 shares of treasury stock for $132,000. Peavy's net cash provided by financing activities for 2020 was a. $1,020,000. b. $888,000. c. $708,000. d. $840,000. e. None of above