ACCT. 2500-PRINCIPLES OF ACCOUN CHAPTER 12: STATEMENT OF CASHF Jean's Vegetable Market had the following transactions during 2 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 $50,00 4. Declared and paid a cash dividend of $7,000. 5. Sold a long-term investment (cost $3,000) for cash of $6,000 6. Acquired 2 2 an investment in IBM stock for cash of $10,000. What is the net cash provided by financing activities? . $21,000 b. $67,000 c. $28,000 d. $0 Jean's Vegetable Market had the following transactions during 2 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 $100, 4. Declared and paid a cash dividend of $2,000. 5. Sold a long-term investment (cost $3,000) for cash of $8,0C 6. Acquired an investment in IBM stock for cash of $15,000. 2. 2 RJI rOUNTING EXERCISE5 The following infommation is avrailable for Sally Corpotation for the year ended December 31, 2019: Collection of principal on long-term loan to a Acquisition of equipment for cash Proceeds from the sale of long-term investment at book value Issuance of common stock for cash Depreciation expense Redemption of bonds payable at carrying (book) value Payment of cash dividends supplier $15,000 10,000 20,000 27,000 28,000 35,000 15,000 25,000 45,000 Net income NC Purchase of land by issuing bonds payable In addition, the following information is available from the comparative balance sheet for Sally at the end of 2018 and 2019 2019 $ 66,000 20,000 18,000 $104,000 2018 Cash Accounts receivable (net) Prepaid Total current assets $14,000 16,000 13,000 $43,000 insurance $20,000 7,000 $27,000 30,000 Accounts payable Salaries payable Total current liabilities 3,000 S 33,000 Instructions Prepare Sally's method. statement of cash flows for the year ended December 31, 2019 using the indirect 00nH