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Joan's Vegetable Market had the following transactions during 2013: 1. Issued $50,000 of par value common stock for cash. 2. Repaid a 6 year note

Joan's Vegetable Market had the following transactions during 2013:

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 $100,000.
4. Declared and paid a cash dividend of $2,000.
5. Sold a long-term investment (cost $63,000) for cash of $6,000.
6. Acquired an investment in IBM stock for cash of $12,000.

What is the net cash provided by investing activities?

Select one:

A. $12,000

B. $6,000

C. ($6,000)

D. $32,000

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