Sheridan Company's transactions for the year ended December 31, 2018 included the following: Acquired 50% of Pharoah Company's common stock for $302000 cash which was borrowed from a bank. Issued 4600 shares of its preferred stock for land having a fair value of $478000. Issued 590 of its 12% debenture bonds, due 2023, for $585000 cash. Purchased a patent for $327000 cash. Paid $171000 toward a bank loan. Sold available-for-sale securities for $1190000. Had a net increase in returnable customer deposits (long-term) of $142000. Sheridan's net cash provided by financing activities for 2018 was $1029000. $887000 $858000. $716000