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Pusan Company issued common stock for proceeds of $486,000 during 2016. The company paid dividends of $120,000 and issued a long-term note payable for $95.000

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Pusan Company issued common stock for proceeds of $486,000 during 2016. The company paid dividends of $120,000 and issued a long-term note payable for $95.000 in exchange for equipment during the year. The company also purchased treasury stock that had a cost of $5,000. The financing section of the statement of cash flows will report net cash inflows of a. $266,000 5291,000 ob Oc$456,000. d. $361,000

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