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Question 11 Sunland's Vegetable Market had the following transactions during 2016: 1. Issued $53000 of par value common stock for cash. 2. Repaid a 6

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Question 11 Sunland's Vegetable Market had the following transactions during 2016: 1. Issued $53000 of par value common stock for cash. 2. Repaid a 6 year note payable in the amount of $23000. 3. Acquired land by issuing common stock of par value $105000. 4. Declared and paid a cash dividend of $1500. 5. Sold a long-term investment (cost $2800) for cash of $8000. 6. Acquired an investment in IBM stock for cash of $15300 What is the net cash provided (used) by investing activities? O $8000 O $15300 ($7300) $34300 Question Attempts: 0 of 1 used

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