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Selected information from Hatian Corp.'s 2020 accounting records is as follows: Hatian adheres to ASPE. Proceeds from issuance of common shares........... $200,000 Proceeds from issuance
Selected information from Hatian Corp.'s 2020 accounting records is as follows: Hatian adheres to ASPE.
Proceeds from issuance of common shares........... | $200,000 | ||
Proceeds from issuance of bonds.......................... | 600,000 | ||
Cash dividends paid on common shares............... | 80,000 | ||
Cash dividends paid on preferred shares............. | 30,000 | ||
Purchase of a FV-NI investment............................ | 60,000 | ||
Sale of shares to officers and employees | |||
not included above................................................ | 50,000 |
Based on the above information, the cash provided by (used in) financing activities for calendar 2020 is
$740,000.
$(110,000).
$90,000.
$80,000
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