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Ryan Ltd. sold equipment with a book value of $80,000 for a $10,000 gain, sold Ryan Ltd. common stock for $125.000, repaid a notes payable
Ryan Ltd. sold equipment with a book value of $80,000 for a $10,000 gain, sold Ryan Ltd. common stock for $125.000, repaid a notes payable for $220,000 (this amount includes $20,000 of interest on the notes payable), paid dividends of $45,000, resold treasury stock for $25,000 (the treasury stock was originally purchased for $15,000 ), and received dividends in the amount of $30,000. The net cash flow from financing activities was: $65.000 cash outfiow $95.000 cashoutiow $130000 cash outfow $5.000 cashinflow None of the above
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