During the month of August, Boyce Company had the following transactions:

* Revenues of $117,000 were earned and received in cash.

* Bank loans of $15,750 were paid off.

* Equipment of $37,000 was purchased with cash.

* Expenses of 72,100 were paid.

* Stockholders purchased additional shares for $41,000 cash.

17.

Required information

A statement of cash flows for August, would report net cash flows from operating activities of:

$25,250.

$33,150.

$37,000.

$44,900.

18.

Required information

A statement of cash flows for August, would report net cash flows from financing activities of:

$25,250.

$33,150.

$37,000.

$44,900.

19.

Required information

A statement of cash flows for August, would report net cash flows from investing activities of:

$25,250.

$33,150.

$37,000.

$44,900.

20.

Required information

A statement of cash flows for August, would report an increase in cash of:

$25,250.

$33,150.

$37,000.

$44,900.