The following events occurred last year for the Cart Corporation:Issuance of common stock$ 52,000Dividends paid to shareholders$ 15,000Sale of long-term investment$ 12,000Interest paid to a lender$ 8,000Proceeds from sale of used equipment$ 34,000Repurchase of common stock$ 13,000Based solely on the above information, the net cash provided by (used in) financing activities for the year on the statement of cash flows was:
A. $24,000
B. $12,000
C. $20,000
D. $49,000
Answer: A
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