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Corresponds to CLO 6(b) Selected information from Marin Corporation’s 2013 accounting records is as follows: Proceeds from issuance of common stock, $1,000,000; Proceeds from issuance of bonds, $2,200,000; Cash dividends paid on common stock, $400,000; Cash dividends paid on preferred stock, $100,000; Purchases of treasury stock, $300,000. What is the net cash provided (used) by financing activities for the year ended December 31, 2013?
$3,000,000
$2,900,000
$2,700,000
$2,400,000

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