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Oriole Company issued common stock for proceeds of $391000 during 2020. The company paid dividends of $70000 and issued a long-term note payable for
Oriole Company issued common stock for proceeds of $391000 during 2020. The company paid dividends of $70000 and issued a long-term note payable for $100000 in exchange for equipment during the year. The company also purchased treasury stock that had a cost of $16000. The financing section of the statement of cash flows will report net cash inflows of O $305000 O $477000. O $321000. O $375000.
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