Waterways Vegetable Market had the following transactions during 2017: 1. Issued $50000 of par value common stock for cash. 2. Repaid a 6 year note payable in the amount of $23400. 3. Acquired land by issuing common stock of par value $100000. 4. Declared and paid a cash dividend of $1500. 5. Sold a long-term investment (cost $2700) for cash of $7800. 6. Acquired an investment in IBM stock for cash of $15400. What is the net cash provided used by investing activities?

$30800

$7800

$15400

($7600)