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Stromboli's Market had the following transactions during 2020: Issued $60,000 of par value common stock for cash. Repaid a 6 year note payable in the
Stromboli's Market had the following transactions during 2020: Issued $60,000 of par value common stock for cash. Repaid a 6 year note payable in the amount of $15,000. Acquired land by issuing common stock of par value $50,000. Declared and paid a cash dividend of $21,000. Sold a long-term investment (cost $3,000) for cash of $6,000. Acquired an investment in IBM stock for cash of $20,000. What is the net cash provided by financing activities? $24,000 a. Ob. $4,000 Oc. $30,000 d. $21,000
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