n 17 XYZ, Inc. had the following transactions during 2020: ed out of question Exchanged land for a building$ 764,000 Purchased treasury shares 160,000 Paid cash dividend 380,000 Purchased equipment 212,000 Issued ordinary shares 588,000 What is xyz, Inc.'s net cash from financing activities? Select one: a. 48,000 cash inflow b. 428,000 cash outflow C. 48,000 cash outflow d. 600,000 cash inflow 18. Dividends account is always debited during the closing process 1 ut of question Select one: O True O False