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