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Jost's Co. had the following transactions during 2019: 1. Issued $50,000 of par value common stock for cash. 2. Repaid a 6 year note payable

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Jost's Co. had the following transactions during 2019: 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 $3,000) for cash of $8,000. 6 Acquired an investment in IBM stock for cash of $15,000. 7. Cash income from operations of $7,000 What is the net cash provided (used) by investing activities? $15,000 ($7,000) $8,000 None of the above. $33,000 Jost's Co. had the following transactions during 2019: 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 $8,000. 5. Sold a long-term investment (cost $4,000) for cash of $6,000. 6 Acquired an investment in IBM stock for cash of $10,000. 7 Cash income from operations of $7,000. What is the net cash provided by financing activities? O $67,000 O None of the above. O $0 $28,000 O $21,000

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