Sheridan Company offers its 90 employees to participate in an employee share-purchase plan. Under the terms of plan, employees are entitled to purchase 9 shares at 10% discount. The par values of shares were $10. Overall, 50 employees accepted the offer and each employee purchased six shares. The market price on purchase date was $90. Sheridan Company will credit Share Premium-Ordinary for: A $24000 $3000 C $27000 D $21000 Waterway Industries follows IFRS for its external financial reporting. The following amounts were available at December 31, 2018: Interest paid Dividends paid Taxes paid on operations $25200 15800 36900 Under IFRS, what is the maximum amount that could be reported for cash used by financing activities for waterway Industries for the year ended December 31, 2018? A $62100 $41000 $52700 D $77900