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2.

The following selected account balances are taken from the records of Cooper Corporation for the past two years December 31 $750 $400 Equipment Accumulated depreciation Land Bonds payable Common stock Additional paid in capital Retained earnings Other information available for 2018: Net income for the year was $200. Depreciation expense on plant and equipment was $70 225 50 50 100 320 675 160 92 30 120 400 825 Equipment with an original cost of $200 and Accum. Dep. of $135 was sold at a gain of $5 No land was sold during the year. Both new equipment and land were purchased during the year. Bonds pavable were retired Common stock was issued for cash Cash dividends were declared and paid. What is Cooper Corp's net increase (decrease) in cash from financing activities? Select one: a. (80) b. 30 . (50) O d. 50 e. None of the above