Question: Multiple choice so 1, 2, 3, or 4 D Question 7 5 pts A company had the following transactions during 2020: 1. Issued $100,000 of

Multiple choice so 1, 2, 3, or 4

D Question 7 5 pts A company had the following transactions during 2020: 1. Issued $100,000 of par value common stock for cash. 2. Repaid a 6-year note payable in the amount of $44,000. 3. Acquired land by issuing common stock of par value $200,000. 4. Declared and paid a cash dividend of $4,000. 5. Sold a long-term investment (cost $6,000) for cash of $16,000. 6. Acquired an investment in IBM stock for cash of $30,000. What is the net cash provided/used by investing activities? 1. $30,000 2. $66,000 3. ($14,000) 4. $16,000 0 4 O 2 O 1 0 3

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