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In preparing a statement of cash flows, the sale of treasury stock at an amount greater than cost would be classified as a(n) financing activity.
In preparing a statement of cash flows, the sale of treasury stock at an amount greater than cost would be classified as a(n) financing activity. investing activity. operating activity. noncash investing and financing activity. Activities that involve the cash effects of making and collecting loans and acquiring and disposing of property, plant, and equipment are classified as: investing activities. noncash activities. operating activities. financing activities. In preparing Pronghorn Inc's statement of cash flows for the year ended December 31, 2025, the following amounts were available: Collection of note receivable Issuance of bonds payable $620000 647000 Purchase of treasury stock (cost) 298000 What amount should be reported on Pronghorn, Inc's statement of cash flows for investing activities? $1267000 $349000 $620000 $322000
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