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QUESTION 7 Farm Co. provided the following information on selected transactions during 2016: Purchase of land by issuing bonds Proceeds from issuing bonds Purchases of

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QUESTION 7 Farm Co. provided the following information on selected transactions during 2016: Purchase of land by issuing bonds Proceeds from issuing bonds Purchases of inventory Purchases of treasury stock Loans made to affiliated corporations Dividends paid to preferred stockholders Proceeds from issuing preferred stock Proceeds from sale of equipment $500,000 1,500,000 1,900,000 300,000 700.000 200,000 800.000 150,000 The net cash provided by financing activities during 2015 is O $1.600,000. O $1,800,000 O $2,100,000 O $2,300,000

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