The company would report net cash provided by (used in) financing activities of:

Multiple Choice

• $(3,875).

• $9,700.

• $7,700.

• $2,800.

Net income Cash dividends paid to stockholders Cash proceeds from sale of land Cash proceeds from bank loan Cash payment (principal) on bank loan Cash paid to purchase equipment $12,000 2,900 3,450 7,700 2,000 5,800 The company would report net cash provided by (used in) financing activities of