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ABC Co. provided the following information on selected transactions during 2015: Proceeds from issuing common stock 960,000 Purchases of inventory 160,000 Proceeds from the sale
ABC Co. provided the following information on selected transactions during 2015: Proceeds from issuing common stock 960,000 Purchases of inventory 160,000 Proceeds from the sale of treasury stock 190,000 Purchase of 10% interest in stock of XYZ Corp. 820,000 Dividends paid to common & preferred stockholders 840,000 Repayment of bond principal 280,000 Proceeds from issuing preferred stock 740,000 Proceeds from sale of land 260,000 The net cash provided (used) by financing activities during 2015 is
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