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Land was acquired for $ 2 0 3 0 0 0 in exchange for common stock, par $ 2 0 3 0 0 0 ,

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Land was acquired for $203000 in exchange for common stock, par $203000, during the year; all equipment purchased was for cash. Equipment costing $23000 was sold for $9000; book value of the equipment was $18000 and the loss was reported in net income. Cash dividends of $29000 were charged to retained earnings and paid during the year; the transfer of net income to retained earnings was the only other entry in the Retained Earnings account.
In Flint's statement of cash flows for the year ended December 31,2025, the net cash provided (used) by financing activities was
$0.
$(56000).
$121000.
$(29000).
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