Spanner Company recorded the following transactions during 2017:

Issuance of shares of common stock $169,000

Purchase of stocks of other companies $88,000

Dividends paid to the common shareholders $39,000

Dividends received from investments in stocks of other companies $9,900

Repayment of principal on long-term debt $155,000

Interest paid on long-term debt $17,700

Proceeds from the sale of plant assets $124,000

Purchase of an intangible asset $363,000

Based solely on the information above, the net cash provided by (used in) financing activities reported by Spanner Company in its 2017 statement of cash flows was:

Multiple Choice

$25,000

$(42,700)

$97,900

$(25,000)