24. Vision Company purchased treasury stock with a cost of $16,000 during 2020. During the year, the company paid dividends of $20,000 and issued bonds payable for proceeds of $860,000. Cash flows from financing activities for 2020 will total how much? 25. Accounts receivable arising from sales to customers amounted to $86,000 and $77,000 at the beginning and end of the year, respectively. Income reported on the income statement for the year was $290,000. Exclusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows would be how much? 26. Adama Company reported a net loss of $6,000 for the year ended December 31, 2020. During the year, accounts receivable increased $15,000, merchandise inventory decreased $12,000, accounts payable decreased by $20,000, and depreciation expense of $12,000 was recorded. What was the net cash from operating activities? 27. Each of the following is added to net income in computing net cash provided by operating activities except a. amortization expense. b. an increase in accrued expenses payable. c. a gain on sale of equipment. d. a decrease in inventory. 28. On January 1, 2020, Brenner Company purchased at face value, a $1,000, 6% bond that pays interest on January 1. Brenner Company has a calendar year end. The entry for the receipt of interest on January 1, 2018, is a. Cash Interest Receivable b. Cash Interest Revenue c. Interest Receivable Cash d. Interest Receivable Interest Revenue