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Florida Chemicals Company unes the indirect method to prepare its statement of cash flows. Refer to the folowing portion of the Florida Chemicals Company Comparative

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Florida Chemicals Company unes the indirect method to prepare its statement of cash flows. Refer to the folowing portion of the Florida Chemicals Company Comparative Balance Sheet December 31, 2018 and 2017 2018 2017 Increase Decrease) Common Stock Retained Eanings Treasury Stock Total Equity Net Income for the year was $57,000 30,000 $2,500 59,000 154,000 8.400) (5.200) 180,600 $151,300 $27,500 5,000 (3.200) $29,300 Which of the folowsis true of Florida Chemicals Companys statement of cash tows for 2018 O A. The company purchased treasury stock for $8,400 O B. The company declared $52,000 as dividends O C. The net cash flow from financing activities is $180,600 O D. The company issued stocks for $30,000

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