Bonita’s Vegetable Market had the following transactions during 2017:
1. Issued $47000 of par value common stock for cash.
2. Repaid a 6 year note payable in the amount of $24000.
3. Acquired land by issuing common stock of par value $47000.
4. Declared and paid a cash dividend of $7200.
5. Sold a long-term investment (cost $3500) for cash of $5600.
6. Acquired an investment in IBM stock for cash of $9500.
Required:
1. What is the net cash provided by financing activities?