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Blue Co. had the following information related to its Common Stock account for the year ended December 31: Common Stock, no par 2019 2018

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Blue Co. had the following information related to its Common Stock account for the year ended December 31: Common Stock, no par 2019 2018 $143,500 $120,000 Assume Blue Co. had no noncash investing and financing transactions during 2019. Which of the following is true? Blue Co. would report an increase of $143,500 in the financing section of its Statement of Cash Flows. Blue Co. would report an increase of $23,500 in the investing section of its Statement of Cash Flows. Blue Co. would report an increase of $23,500 in the financing section of its Statement of Cash Flows. Blue Co. would report an increase of $143,500 in the investing section of its Statement of Cash Flows.

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