Joan's Vegetable Market had the following transactions during 2016:

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 $50,000.

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 an investment in IBM stock for cash of $10,000.

What is the net cash provided by financing activities?

a. $67,000

b. $28,000

c. $21,000

d. $0

The following data are available for Alamo Corporation.

Sale of land $225,000

Sale of equipment $130,000

Issuance of common stock 140,000

Purchase of equipment 70,000

Payment of cash dividends 120,000

Net cash provided by investing activities is:

a. $285,000.

b. $260,000.

c. $305,000.

d. $425,000.

Tomas Pest Control Products has the following information available:

Net Income $25,000

Cash Provided by Operations 33,000

Cash Sales 65,000

Capital Expenditures 10,000

Cash Dividends Paid 2,000

What is Tomas' free cash flow?

a. $27,000

b. $23,000

c. $21,000

d. $10,000