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Lab Industries, Inc., issued $61,000 of bonds, paid cash dividends of $9,100, sold long-term investments for $13,100, received $6,100 of dividend revenue, purchased treasury stock
Lab Industries, Inc., issued $61,000 of bonds, paid cash dividends of $9,100, sold long-term investments for $13,100, received $6,100 of dividend revenue, purchased treasury stock for $16,100, and purchased new equipment for $20,100.
What is the net cash flow from financing activities?
$35,800 inflow.
$71,100 inflow.
$20,100 inflow.
$34,900 outflow.
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