QUESTION 36 Wyoming Company uses the indirect method to prepare its statement of cash flows. Refer to the following portion of the comparative balance sheet. Wyoming Company Comparative Balance Sheet December 31, 2024 and 2023 2024 2023 Increase/(Decrease Common Stock $19,000 $12,200 $6,800 Retained Earnings 116,000 77,000 39,000 Treasury Stock (8,100) (5,300) (2,800) Total Equity $126,900 $83,900 $43,000 Note: 1. There was no retirement of stock during the year. 2. There were no sales of treasury stock during the year. 3. Common Stock was issued for cash. Which of the following statements is correct? There was zero net cash flow from transactions involving Common Stock. O There was a negative cash flow of $6,800 from the issuance of Common Stock. There was a positive cash flow of $6,800 from the issuance of Common Stock There was negative cash flow of $6,800 from the issuance of Common Stock Save All Answers Click Save and Submit to save and submit. Click Save All Answers to save all answers. Q Search hp