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I need the answer as soon as possible Question 3 Not yet howered Made out of 100 During 2016, ABC Inc had the following activities
I need the answer as soon as possible
Question 3 Not yet howered Made out of 100 During 2016, ABC Inc had the following activities (1) convertible preference shares in ABC with a carrying value of $360,000 were converted into ordinary shares of ABC (2) Payment in 2016 of cash dividend declared in 2015 to preference shareholders $186,000 (3) Payment of $2,250,000 for the early retirement or long term bonds payable with a carrying amount $2,220,000, (4) Sale the sale of treasury shares with a cost of S258.000 for $300,000 cash. The amount of net cash used in financing activities to appear in ABC'S statement of cash flows for 2016 should be Flag question Select one: 0 $1,976.000. Ob $2148.000 O $2136.000 O . $1.500.000Step by Step Solution
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