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In preparing its cash flow statement for the year ended December 31, 2021, Rowdy Co. gathered the following data: Gain on sale of land
In preparing its cash flow statement for the year ended December 31, 2021, Rowdy Co. gathered the following data: Gain on sale of land Proceeds from sale of land Purchase of Blue, Inc., bonds (face value $213,000) Amortization of bond discount Cash dividends declared Cash dividends paid Proceeds from sales of Red Co. common stock $ 12,800 22,000 351,000 4,500 95,000 77,000 156,000 In its December 31, 2021, statement of cash flows, what amount should Rowdy report as net cash outflows from Investing activities? Multiple Choice $329,000. C D O
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