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ed are reported in the statement of cash flows as part of: 47. Cash flows from interest receiv Operating activities. B. Financing activities. C. Investing

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ed are reported in the statement of cash flows as part of: 47. Cash flows from interest receiv Operating activities. B. Financing activities. C. Investing activities. D. Noncash activities. E. None of these. This is not reported in the statement of cash flows. 48. Given the following information, determine the amount of cash flows from investing and financing activities $50,000 15,000 26,000 70,000 120,000 Net Income Loss on sale of plant assets Cash received from sale of plant assets Cash received from issuing stock Increase in income taxes payable A. Cash provided by investing activities, $11,000; Cash provided by financing activities, $70,000. B. Cash used by investing activities, $11,000; Cash used by financing activities, $70,000. C. Cash provided by investing activities, $26,000; Cash provided by financing activities, $55,000. D. Cash used by investing activities, $26,000; Cash used by financing activities, $55,000. E. Cash provided by investing activities, $26,000; Cash provided by financing activities, $70,000

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