Bad Erads BBC had cosh fiows for the year as follows is in mitansi: Bad Brad's would repart net cash intlows loutllows) from investing activities in the amount of: On February 22, Brett Corporation acquired 180 shares of its $2 par value common stack for $26 ench, On March 15 , the company resold 63 shares for $28 each. What is true of the entry for reselling the shares? Multipe conce Which of the following stotements is true? Mutipie Choice Losscs on the sale of longterm assots are an adjustment reported in the opcrating accwities section of the statemem of cash fioms under the indrect nethed. Aepayment of long-term debt is chassifed as a cash outhow from inwesting activities in the stostment of cash flows. hivestment in another companys common stock is classitiod as a cash outliow form financing activities in the statement of cash flows. Dwidends paid are classified as a cash outfiow trom operoting activeies in the statement of cash flows. 1 Surf's Up, Incorporated isswes 1,000 shares of 6%,$100 par value preferred stock at the beginning of 2023, All. remaining shares are common stock. The company was not able to pay dividends in 2023, but plans to pay dividends of $18,000 in 2024. Assuming the preferred stock is cumulative, how much of the $18,000 dividend will be poid to preferred stockhoiders and how much will be paid to common stockholders in 2024 ? Consider the intormation provided below: What is the company's gross protit