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Ac 313 please help In preparing its cash flow statement for the year ended December 31, 2022, XYZ Co. gathered the following data: Gain on
Ac 313
In preparing its cash flow statement for the year ended December 31, 2022, XYZ Co. gathered the following data: Gain on sale of land Proceeds from sale of land Purchase of Acme, Inc., bonds (face value $213,000) Amortization of bond discount Cash dividends declared Cash dividends paid Proceeds from sales of XYZ Co. common stock $ 12,600 23,000 354,000 4,200 96,000 71,000 151,000 In its December 31, 2022, statement of cash flows, what amount should XYZ report as net cash outflows from investing activities? Multiple Choice O $331,000 In its December 31, 2022, statement of cash flows, what amount should XYZ report as net cash outflows from investing activities? Multiple Choice $331,000. T7000 $190,000. $318,400 please help
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