Question
Current Attempt in Progress Crane's Vegetable Market had the following transactions during 2020: 1. Issued $52000 of par value common stock for cash. 2.
Current Attempt in Progress Crane's Vegetable Market had the following transactions during 2020: 1. Issued $52000 of par value common stock for cash. 2. Repaid a 6 year note payable in the amount of $22400. 3. Acquired land by issuing common stock of par value $105000. 4. Declared and paid a cash dividend of $1500. 5. Sold a long-term investment (cost $2700) for cash of $8100. 6. Acquired an investment in IBM stock for cash of $15500. What is the net cash provided (used) by investing activities? $33800 $15500 ($7400) $8100
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