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Hines Cannery issued capital stock in 2018 for $700,000. During 2018 the company paid dividends of $250,000. What is the effect of these events in

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Hines Cannery issued capital stock in 2018 for $700,000. During 2018 the company paid dividends of $250,000. What is the effect of these events in Hines' statement of cash flows for 2018? Multiple Choice $700,000 cash provided by investing activities, and $250,000 cash disbursed for financing activities $700,000 cash provided by financing activities, and $250,000 cash disbursed for investing activities $700,000 cash provided by financing activities, and $250,000 cash disbursed for operating activities $450,000 net cash provided by financing activities

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