Biology Forums - Study Force

The following events occurred last year for the Cart Corporation:

Issuance of common stock	$ 52,000
Dividends paid to shareholders	$ 15,000
Sale of long-term investment	$ 12,000
Interest paid to a lender	$ 8,000
Proceeds from sale of used equipment	$ 34,000
Repurchase of common stock	$ 13,000

Based solely on the above information, the net cash provided by (used in) financing activities for the year on the statement of cash flows was:

▸ $12,000

▸ $24,000

▸ $20,000

▸ $49,000

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