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Question 18 Attem 1 Hou 1 pts . Coaster Corporation started in business on October 1, 2020. Following are some of the transactions the company

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Question 18 Attem 1 Hou 1 pts . Coaster Corporation started in business on October 1, 2020. Following are some of the transactions the company had during 2020: Oct. 1 - Sold stock to stockholders for $40,000. Oct. 1 - Borrowed $20,000 from the bank. Coaster will not make any payments on this loan until Oct. 1. 2022, and at that time, it will owe $23.000. Oct. 1 - Bought inventory for $12,000 on account. Nov. 18 - Paid one-half of the accounts payable. Dec 31 - Paid a dividend of $2.000, How much were Coaster's financing cash flows during 2020? O $52,000 $38,000 $58,000 O $60,000 0 None of the above

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