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The following data are available for Evergreen Company: Purchase of long-term investment in stock of Pine, Inc. $ 40,000 Issuance of common stock 480,000 Redemption

The following data are available for Evergreen Company:

Purchase of long-term investment in stock of Pine, Inc.

$ 40,000

Issuance of common stock

480,000

Redemption (payment of principal) of bonds payable

80,000

Proceeds from the sale of equipment

60,000

Payment of cash dividends

20,000

Net cash provided by financing activities is:

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