with complete solutions, journal entry (if ever) and answer.

Zodiac Company had the following activities for the current year: 3,700,000 300,000 Payment for the retirement of bonds payable Payment of cash dividend declared in the prior year Carrying amount of convertible preference shares converted into ordinary shares Proceeds from the sale of treasury shares 600,000 500,000 What is the net cash used in financing activities? 3,570,000 2) 3,500,000 3 2,900,000 4,000,000