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Melmore Ltd had the following activity during 20X7 Proceeds from sale of long-term investments Gain on the sale of long-term investments Loss on the disposal
Melmore Ltd had the following activity during 20X7 Proceeds from sale of long-term investments Gain on the sale of long-term investments Loss on the disposal of equipment ($0 proceeds from disposal) Proceeds from sale of preferred shares Repayment of long-term debt $156,000 $16,000 $17,000 $182,000 $30,000 What is the cash flow from financing activities? $152,000 O $169,000 O $135,000 $168,000
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