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Question 35 In preparing its cash flow statement for the year ended December 31, 2022, Green Co. gathered the following data: Gain on sale
Question 35 In preparing its cash flow statement for the year ended December 31, 2022, Green Co. gathered the following data: Gain on sale of land $ 12,000 Proceeds from sale of land 20,000 Purchase of Black, Inc., long term bonds (face value $200,000) 360,000 Amortization of bond discount 4,000 Collection of the loan to Dark, Inc. (with principal $10,000) 12,000 Cash dividends declared 95,000 Cash dividends paid 75,000 Cash dividends received 50,000 Proceeds from sales of Green Co. common stock 180,000 Proceeds from issuance of short-term notes payable 10,000 45,000 Purchase of treasury stock 10,000 Payment for finance lease (with principal amount $9,000) In its December 31, 2022, statement of cash flows, what amount should Green report as net cash from financing activities? O $57,000. O $59,000. O $60,000
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