Cash dividends of $80,000 were declared during the year, and the balance in the cash dividends payable account at the beginning and at the end of the year was $25,000 and $15,000 respectively. What amount would be reported as payment of dividends in the cash flows from financing activities section of the statement of cash flows. a. $80,000 b. $90,000 c. $105,000 d $95,000 The sale of land for cash is analyzed on the statement of cash flows as: a. operating activities b. investing activities c. financing activities d. does not represent cash flow Land costing $46,000 was sold for $79,000 cash. The gain on the sale was reported on the income statement as other income. On the statement of cash flows, what amount should be reported as an investing activity from the sale of land? a. $79,000 b. $46,000 c. $125,000 d. $33,000 The purchase of treasury stock for cash is analyzed on the statement of cash flows as: a. operating activities b. financing activities d. does not represent cash flow Sales for the year were $500,000. Accounts receivables were $50,000 and $40,000 at beginning and end of the year. Cash received from customers to be reported on the cash statement the direct method is: a. $500,000 b. $460,000 c. $590,000 d. $510,000 The declaration and issuance of stock dividends would be reported in the statement flows in: a. the cash flows from operating activities section b. the cash flows from financing activities section c. the cash flows from investing activities section d. does not represent cash flow