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. $49,000
C. $20,000
D. $12,000
Answer: A
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