Can someone help me solve this? Crane\'s Vegetable Market had the following tran

Question

Can someone help me solve this?

Crane's Vegetable Market had the following transactions during 2017: 1. Issued $52000 of par value common stock for cash. 2. Repaid a 6 year note payable in the amount of $22300. 3. Acquired land by issuing common stock of par value $105000. 4. Declared and paid a cash dividend of $1500. 5. Sold a long-term investment (cost $2700) for cash of $8100 6. Acquired an investment in IBM stock for cash of $15500. What is the net cash provided used by investing activities? O $33900 O ($7400) O $8100 O $15500

Explanation / Answer

Answer:-

Cash Flow from Investing activities Sold long term investment 8100 Purchased IBM stock -15500 Net cash Flow from Investing activities -7400

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