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In preparing its cash flow statement for the year ended December 31, 2016, Green Co. gathered the following data: Gain on sale of land $
In preparing its cash flow statement for the year ended December 31, 2016, Green Co. gathered the following data: |
Gain on sale of land | $ 12,800 |
Proceeds from sale of land | 21,500 |
Purchase of Black, Inc., bonds (face value $230,000) | 367,000 |
Amortization of bond discount | 4,300 |
Cash dividends declared | 93,000 |
Cash dividends paid | 74,000 |
Proceeds from sales of Green Co. common stock | 155,000 |
In its December 31, 2016, statement of cash flows, what amount should Green report as net cash from financing activities? |
$62,000.
$137,000.
$81,000.
$19,000.
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