Net income$14,000 Cash dividends paid to stockholders 4,000 Cash proceeds from sale of land 6,000 Cash proceeds from bank loan 10,000 Cash payment (principal) on bank loan 2,000 Cash paid to purchase equipment 8,000 The company would report net cash provided by (used in) financing activities of:
A. $10,000.
B. $12,000.
C. $4,000.
D. $(5,000).
Answer: C
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