The following transactions occurred last year at Jogger Corporation:
Issuance of shares of the company’s own common stock $110,000
Dividends paid to the company’s own shareholders $3,000
Sale of long-term investment $4,000
Interest paid to lenders $8,000
Retirement of the company’s own bonds payable $100,000
Proceeds from sale of the company’s used equipment $29,000
Purchase of new equipment $170,000
Based solely on the above information, the net cash provided by financing activities for the year on the statement of cash flows would be:
$424,000
($138,000)
($1,000)
$7,000