Bonita’s vegetable market had the following transactions during 2017:
1. issued $47000 of pa...
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Bonita’s vegetable market had the following transactions during 2017:
1. issued $47000 of par value common stock for cash.
2. repaid a 6 year note payable in the amount of $24000.
3. acquired land by issuing common stock of par value $47000.
4. declared and paid a cash dividend of $7200.
5. sold a long-term investment (cost $3500) for cash of $5600.
6. acquired an investment in ibm stock for cash of $9500.
required:
1. what is the net cash provided by financing activities?
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