Clark Company acquires Transport Company in exchange for a cash payment to the former owners of Transport. Included in the assets received by Clark is Transport Company's cash balance. The current year consolidated statement of cash flows would report Multiple choice question. The net cash paid for the acquisition (cash paid less cash received) as an investing activity. The net cash paid for the acquisition (cash paid less cash received) as an operating activity. The gross amount of cash paid for the acquisition as an investing activity. The amount of cash received in the acquisition as a financing activity.