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Sheridan's Vegetable Market had the following transactions during 2022: 1. Acquired equipment for $24,000. 2. Repaid a 6 year note payable in the amount
Sheridan's Vegetable Market had the following transactions during 2022: 1. Acquired equipment for $24,000. 2. Repaid a 6 year note payable in the amount of $21,400. 3. Acquired land by issuing common stock of par value $95,000. 4. Declared and paid a cash dividend of $2,000. 5. Sold equipment (cost of $20,000 and accumulated dep of $14,000) for cash of $8,000. 6. Acquired an investment in IBM stock for cash of $13.000. What is the net cash provided (used) by investing activities? (Show your work)
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