The following transactions occurred last year at Joyce Company:
| Issuance of shares of the company’s own common stock Don't use plagiarized sources. Get Your Custom Essay on the following transactions occurred last year at joyce company 641389 Get an essay WRITTEN FOR YOU, Plagiarism free, and by an EXPERT! | $80,000 |
| Dividends paid to the company’s own shareholders | $3,000 |
| Dividends received from investments in other companies’ shares | $5,000 |
| Interest paid on the company’s own bonds | $6,000 |
| Repayment of principal on the company’s own bonds | $50,000 |
| Proceeds from sale of the company’s used equipment | $22,000 |
| Purchase of land | $140,000 |
Based solely on the above information, the net cash provided by financing activities for the year on the statement of cash flows would be:
A) $306,000
B) $21,000
C) $(92,000)
D) $27,000
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