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The following data are available for Evergreen Company: Purchase of long-term investment in stock of Pine, Inc. $ 40,000 Issuance of common stock 480,000 Redemption
The following data are available for Evergreen Company:
Purchase of long-term investment in stock of Pine, Inc. | $ 40,000 |
Issuance of common stock | 480,000 |
Redemption (payment of principal) of bonds payable | 80,000 |
Proceeds from the sale of equipment | 60,000 |
Payment of cash dividends | 20,000 |
Net cash provided by financing activities is:
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