Question: 1 3 . During 2 0 2 1 , Marigold Corp. had the following activities related to its financial operations: Carrying value of convertible preferred

13.
During 2021, Marigold Corp. had the following activities related to its financial operations:
Carrying value of convertible preferred stock in Marigold, converted into common shares of Marigold
$545000
Payment in 2021 of cash dividend declared in 2020 to preferred shareholders
285000
Payment for the early retirement of long-term bonds payable (carrying amount $3935000)
3980000
Proceeds from the sale of treasury stock (on books at cost of $378000)
441000
The amount of net cash used in financing activities to appear in Marigold's statement of cash flows for 2021 should be
$3279000.
$3842000.
$3824000.
$2994000.
 13. During 2021, Marigold Corp. had the following activities related to

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