58. Emery Inc. had $5 million of gross income, operating expenses of $1 million, paid $1 million of interest on borrowing of $10 million, and paid a dividend of $0.50 million. Emery Inc.'s taxable Income is Select one: a. $ 4 Million b. $ 3 Million c. $ 3.5 Million d. $ 2.5 Million We should report Dividends as:- Select one: O a. financing activity- outflow o b. investment activity-outflow c. financing activity-inflow A firm paid dividends of $10,000, paid interest of $20,000, reduced debt principal outstanding (paid off debt) in the amount of $100,000, and sold new stock for $150,000. What was the firm's cash flow from financing activities Select one: a. +$280,000 ($280,000 flowed into the firm) b. -$280,000 ($280,000 flowed out of the firm) C. -$20,000 ($20,000 flowed out of the firm) d. +$20,000 ($20,000 flowed into the firm)