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QUESTION 29 Jean's Vegetable Market had the following transactions during 2020: 1. Issued $79,000 of par value common stock for cash. 2. Repaid a 6

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QUESTION 29 Jean's Vegetable Market had the following transactions during 2020: 1. Issued $79,000 of par value common stock for cash. 2. Repaid a 6 year note payable in the amount of $34,000. 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 $3,000) for cash of $5,000. 6. Acquired an investment in IBM stock for cash of $10,000. Calculate the net cash provided by financing activities. (positive answer indicates net cash inflows and negative answer indicates net cash outflows)

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