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ABC Company had the following balances at the beginning of the accounting period: Common Stock $3,500 Retained Earnings $1,080 ABC Company had the following transactions

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ABC Company had the following balances at the beginning of the accounting period: Common Stock $3,500 Retained Earnings $1,080 ABC Company had the following transactions during the accounting period: (assume all transactions are cash transactions) Issued Common Stock $1.050 Paid Cash Dividends $100 Sold Land $500 Incurred Operating Expenses $5,400 Paid Principal on Note Payable $500 Performed Services for Customers $7,500 What value would be reported for Net Cash Flow from Financing Activities? 5950 $450 -$500 $500

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