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The following transactions occurred last year at Jolly corporation: issuance of shares of own stock $120,000 dividends paid to shareholders 1000 sale long-term investment 7000
The following transactions occurred last year at Jolly corporation:
issuance of shares of own stock | $120,000 |
dividends paid to shareholders | 1000 |
sale long-term investment | 7000 |
interest paid | 13,000 |
retirement of own bond's payable | 60,000 |
proceeds from sale of used equipment | 8000 |
purchase property | 170,000 |
Based solely on the above info, the net cash provided by financing activities for the year on the statement of cash flows would be:
A. $179,000
B. $59,000
C.($109000)
D.$46,000
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