Selected balances for the Mitchell Company are as follows: 2020 2019 Long-term N/P 300,000 Common Stock 200,000 300,000 400,000 200,000 200,000 200,000 Paid in Capital Retained Earnings 100,000 A. No new notes were borrowed during the year. B. Common stock was issued for cash C. Net income for the year was $150,000 What is ash provided by or used by Financing for the year? Cash provided by Financing $300,000 Cash provided by Financing $150,000 Cash used by Financing $50,000 Cash used by Financing $150,000