25. In preparing its cash flow statemen Bathered the following data: cash flow statement d e r 31. 2016, Gain on sale of land 512000 Proceeds from sale of land 20.000 Purchase of Black Inbonds Amortization of bond discount $200.000 360.000 4.000 Cash dividends declared 00.000 Cash dividends paid 76.000 Proceeds from sales of Green Co. common stock 150.000 In its December 31, 2016 statement cash flow what amount should Green reportas net cash from financing activities? a $40,000 b. 54.000 c. $60,000. d. $74,000. 26. Property dividends distributed are reported in connection with a statement of cash flows as: a A financing activity. b. An investing activity. c. A noncash activity. d. Not reported in the statement of cash flows. 27.. Like U.S. GAAP, International Financial Reporting Standards (IFRS) also require a statement of cash flows. Consistent with U.S GAAP, cash flows are classified as investing, or financing activities. However, with regard to interest and dividend inflows and outflows, the international standard for cash flow statements: a. Allows companies to report cash outflows from interest payments as either operating or investing cash flows. b. Allows companies to report cash inflows from interest and dividends as either operating or investing cash flows. c. Allows companies to report dividends paid as either investing or operating cash flows. d. Designates cash outflows for interest payments and cash inflows from interest and dividends received as operating cash flows