Question 12 of 50

Crane Company issued common stock for proceeds of $375000 during 2020. The company paid dividends of $70000 and issued a long-term note payable for $90000 in exchange for equipment during the year. The company also purchased treasury stock that had cost of $10000. The financing section of the statement of cash flows will report net cash inflows of $295000. $455000. $365000. $305000