19 McLaughlin Company issued common stock for proceeds of $372.000 during 2014. The company paid dividends of $66,000 and issued a long-term note payable for $250.000 in exchange for equipment during the year. The company also purchased treasury stock that had a cost of $54,000. The financing section of the statement of cash flows will report net cash inflows of A) $502,000. B) $306,000. C) $252,000. D) $556,000. 20. Johnson Corp. has an 8% required rate of retum. It's considering a project that would provide annual cost savings of $50,000 for 5 years. The most that Johnson would be willing to spend on this project is Present Value PV of an Annuity Year of 1 at 8% of 1 at 8% 926 926 .857 1.783 .794 2.577 .735 3.312 .681 3.993 A) $199,650. B) $34,050. C) $165,600. D) $125,910. 21. A company has a process that results in 24.000 pounds of Product A that can be sold for $8 per pound. An alternative would be to process Product A further at a cost of $160,000 and then sell it for $14 per pound. Should management sell Product A now or should Product A be processed further and then sold? What is the effect of the action? A) Sell now, the company will be better off by $16,000. B) Sell now, the company will be better off by $160,000. C) Process further, the company will be better off by $16,000. D) Process further, the company will be better off by $144,000