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U Question 60 A company reports the following balances: 12/31/2017 12/31/2018 Common Stock $14,000 $165.000 Pald-in Capital in Excess of Par 10.000 10.00 Land 93.000
U Question 60 A company reports the following balances: 12/31/2017 12/31/2018 Common Stock $14,000 $165.000 Pald-in Capital in Excess of Par 10.000 10.00 Land 93.000 109.000 Retained Earnings 60.000 76.000 Treasury Stock 16,000 18.000 During 2018, net income of $29.000 was reported. No treasury stock was sold during 2018. No common stock was retired during 2018. No land was sold during 2018. What financing activities are reported on the statement of cash flows prepared with the Indirect method for the year ending December 31, 2018? sale of treasury stock $2000 and Payment of dividends $13,000 sale of treasury stock $2000, purchase of land $10,000 purchase of treasury stock $2000, Payment of dividends $13,000 and Sale of common stock $150,000 payment of dividends $16,000, Sale of common stock $167.000, and Purchase of treasury stock $2000
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