14. Statement of Cash Flows

Which of the following is a cash flow from financing activities?

The exchange of land worth \$110,000 for 50,000 shares of common stock in the company would be an:

Turkey Company is preparing its Statement of Cash Flows and gathered the following information: 

1. Since the previous year:the cash account increased by \$35,000, land increased by \$40,000, Equipment decreased by \$15,000, Accumulated Depreciation – Equipment increased by \$6,000, Retained Earnings increased by \$340,000, and Bonds Payable increased by \$100,000, 

2. Depreciation expense for Equipment totaled \$16,000. 

3. Equipment with a purchase price of \$15,000 was sold for a \$2,000 gain. 

4. Turkey loaned \$24,000 to Potatoes Company signing a long-term note receivable. 

5. Net income was \$420,000. 

6. Turkey issued 100,000 shares of \$5 par value common stock. The additional paid-in capital from this transaction was \$300,000. 

What is Turkey Company's net cash flow from financing activities?