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Mazaya Company had the following transactions during 2011: Issued R.0.50,000 of par value ordinary shares for cash; Repaid a 6 year note payable in the

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Mazaya Company had the following transactions during 2011: Issued R.0.50,000 of par value ordinary shares for cash; Repaid a 6 year note payable in the amount of R.0.22,000; Acquired land by issuing ordinary shares of par value R.0.100,000. Declared and paid cash dividend of R.0.2,000; Sold a non-current investment (cost R.0.63.000) for cash of R.0.6,000; Acquired an investment in IBM shares by issuing share of R.0.12,000. What is the net cash provided by financing activities? Select one: O a. R.0.32,000 b.R.O.26,000 C.R.O.(6,000) d. R.0.12,000

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