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Marigold Company issued common stock for proceeds of $ 394000 during 2020. The company paid dividends of $ 73000 and issued a long-term note payable

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Marigold Company issued common stock for proceeds of $ 394000 during 2020. The company paid dividends of $ 73000 and issued a long-term note payable for $ 98000 in exchange for equipment during the year. The company also purchased treasury stock that had a cost of $ 20000. The financing section of the statement of cash flows will report net cash inflows of O $ 301000 o $321000 O $ 487000 O $374000 Vaughn Company reported net income of $ 69900 for the year. During the year, accounts receivable increased by $ 5700, accounts payable decreased by $ 4700 and depreciation expense of $ 8100 was recorded. Net cash provided by operating activities for the year is O $67600 O $69900 O $88400 O $ 62800

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