The following 2017 financial information pertains to Koosman Konsulting, established January 1, 2017. 1. Started company by
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The following 2017 financial information pertains to Koosman Konsulting, established January 1, 2017.
1. Started company by selling $250,000 of common stock on January 1, 2017.
2. Invested $100,000 cash in an office building and computer systems in 2017.
3. Generated and collected revenues of $125,000 cash in 2017 by providing consulting services.
4. Paid all $80,000 of expenses in cash in 2017
5. Paid a $10,000 cash dividend in 2017
What were Koosman's cash flows for financing activities in 20177
A $10,000
B $125,000
C $250,000
D $240,000
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