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In preparing its cash flow statement for the year ended December 31, 2018, Green Co. gathered the following data: Gain on sale of land $

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In preparing its cash flow statement for the year ended December 31, 2018, Green Co. gathered the following data: Gain on sale of land $ 12,000 Proceeds from sale of land 20,000 Purchase of Black, Inc., bonds (face value $200,000) 360,000 Amortization of bond discount 4,000 Cash dividends declared 90,000 Cash dividends paid 76,000 Proceeds from sales of Green Co. common stock 150,000 In its December 31, 2018, statement of cash flows, what amount should Green report as net cash from financing activities? O $40,000 $60,000 O $54,000 0 $74,000

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