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Selected information from Dinkel Company's 2018 accounting records is as follows: Proceeds from issuance of common stock $ 800,000 Proceeds from issuance of bonds 400,000
Selected information from Dinkel Company's 2018 accounting records is as follows: Proceeds from issuance of common stock $ 800,000 Proceeds from issuance of bonds 400,000 Cash dividend on common stock paid 290,000 Cash dividend on preferred stock paid 120,000 Purchases of treasury stock 700,000 Sale of stock to officers and employees not included in the 200,000 above proceeds from issuance of common stock Dinkel's statement of cash flows for the year ended December 31, 2018, would show net cash provided (used) by financing activities of Select one: O a. $(470,000). O b. $290,000. c. $2,750,000. O d. $120,000
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