2 Net income Cash dividends paid to stockholders Cash proceeds from sale of land Cash proceeds from bank loan Cash payment (principal) on bank loan Cash paid to purchase equipment $10,000 2,500 3,250 6,500 1,600 5,000 0.5 points The company would report net cash provided by (used in) financing activities of: Multiple Choice $13,375). $6,500 $2,400. $8,100. 10 A company has a net cash inflow from operating activities of $800,000, a net cash outflow of $72,000 from investing activities and a net cash inflow of $101,500 from financing activities. The company paid $135,000 in interest, $192,000 in income taxes, and $211,000 in cash dividends. Which of the following statements about the statement of cash flows is not correct? 0.5 points Multiple Choice The statement of cash flows will show a net increase in cash and cash equivalents of $829,500. The cash dividends of $211.000 paid will be reported as a cash outflow in the cash flow from investing activities section. If the direct method is used the $135,000 of interest pald and the $192,000 of income taxes paid will be reported in the cash flows from operating activities. o o Supplemental disclosures required for a company using the indirect method include the amount of interest and the amount of income taxes paid