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16) John Co. provided the following information on selected transactions during 2021: Purchase of land...

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Accounting

16) John Co. provided the following information on selected transactions during 2021: Purchase of land by issuing bonds $1,800,000 Proceeds from issuing bonds 3,500,000 Purchases of inventory 4,200,000 Purchases of treasury stock 550,000 Dividends paid to common stockholders 250,000 Proceeds from issuing common stock 2,200,000 Proceeds from sale of equipment 250,000 The net cash provided (used) by financing activities during 2021 is?

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