Answer the following two questions

1. Which of the following should not be disclosed in an enterprise's statement of cash flows prepared using the indirect method?

a. Interest paid, net of amounts capitalized.

b. Income taxes paid.

c. Cash flow per share

d. Dividends paid on preferred stock.

2. In preparing its cash flow statement for the year ended December 31, Reve Co. collected the following data: Gain on sale of equipment $ (6,000) Proceeds from sale of equipment 10,000 Purchase of A.S., Inc. bonds (par value $200,000) (180,000) Amortization of bond discount 2,000 Dividends declared (45,000) Dividends paid (38,000) Proceeds from sale of Treasury stock (carrying amount $65,000) 75,000 In its December 31, statement of cash flows, what amount should Reve report as net cash used in investing activities?

a. $170,000

b. $176,000

c. $188,000

d. $194,000