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. Joy Elles Vegetable Market had the following transactions during 2008: Issued $25,000 of par value common stock for cash. Repaid a 6 year note
. Joy Elles Vegetable Market had the following transactions during 2008:
Issued $25,000 of par value common stock for cash.
Repaid a 6 year note payable in the amount of $11,000.
Acquired land by issuing common stock of par value $50,000.
Declared and paid a cash dividend of $1,000.
Sold a long-term investment (cost $3,000) for cash of $3,000.
Acquired an investment in IBM stock for cash of $6,000.
What is the net cash provided by financing activities?
a. $13,000
b. $25,000
c. $14,000
d. $9,000
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