49) Jamison Corp.'s balance sheet accounts as of December 31, 2025 and 2024, and information relating to 2025 activities are presented below. Information relating to 2025 activities: - Net income for 2025 was $1,500,000. - Cash dividends of $600,000 were declared and paid in 2025 . - Equipment costing $1,000,000 and having a carrying amount of $320,000 was sold in 2025 for $360,000. - A long-term investment was sold in 2025 for $320,000. There were no other transactions affecting longterm investments in 2025 . - 20,000 shares of common stock were issued in 2025 for $25 a share. - Short-term investments consist of treasury bills (A-F-S debt securities) maturing on 6/30/26. Net cash provided by Jamison's 2025 operating activities was 49) A) $2,160,000. B) $2,120,000. C) $1,500,000. D) $2,080,000. 50) Which of the following is false regarding IFRS and the statement of cash flows? 50) A) The IASB requires the use of the direct method for operating activities. B) IFRS requires that noncash investing and financing activities be excluded from the statement of cash flows. C) In certain circumstances under IFRS, bank overdrafts are considered part of cash and cash equivalents. D) All of these statements are false regarding IFRS and the statement of cash flows