Bonitas Vegetable Market had the following transactions during 2016:

1. Issued $53000 of par value common stock for cash. 2. Repaid a 6 year note payable in the amount of $23000. 3. Acquired land by issuing common stock of par value $53000. 4. Declared and paid a cash dividend of $6900. 5. Sold a long-term investment (cost $3500) for cash of $5500. 6. Acquired an investment in IBM stock for cash of $10500.

What is the net cash provided by financing activities?

A.$23100 B. $30000 C. $70400 D. $0