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Joans Vegetable Market had the following transactions during 2012: Issued $60,000 of par value common stock for cash. Repaid a 6 year note payable in

Joans Vegetable Market had the following transactions during 2012:
  1. Issued $60,000 of par value common stock for cash.
  2. Repaid a 6 year note payable in the amount of $21,000.
  3. Acquired land by issuing common stock of par value $50,000.
  4. Declared and paid a cash dividend of $5,000.
  5. Sold a long-term investment (cost $63,000) for cash of $6,000.
  6. Acquired an investment in IBM stock for cash of $10,000.
What is the net cash provided by investing activities?
$12,000
$32,000
($4,000)
$6,000

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