Question 3 Not yet answered Marked out of 1.00 During 2016, ABC Inc. had the following activities: (1) convertible preference shares in ABC with a carrying value of $360,000 were converted into ordinary shares of ABC. (2) Payment in 2016 of cash dividend declared in 2015 to preference shareholders $186,000. (3) Payment of $2.250,000 for the early retirement of long-term bonds payable with a carrying amount $2,220,000, (4) Sale the sale of treasury shares with a cost of $258.000 for $300,000 cash. The amount of net cash used in financing activities to appear in ABC's statement of cash flows for 2016 should be Flag question Select one: O a $1,776,000 b: $2 148,000 OC $2,136.000 Od $1.500,000