15 In preparing its cash flow statement for the year ended December 31, 2021, Red Co. gathered the following data: Gain on sale of land 01:37:01 Proceeds from sale of land Purchase of Blue, Inc., bonds (face value $212,000) Amortization of bond discount Cash dividends declared Cash dividends paid Proceeds from sales of Red Co. common stock. In its December 31, 2021, statement of cash flows, what amount should Red report as net cash outflows from investing activities? Multiple Choice $326,000. $381,500. $338,500. $190,500. $ 1 2 36 975 15 10 36:15 iring its cash flow statement for the year ended December 31, 2021, Red hered the following data: on sale of land eeds from sale of land hase of Blue, Inc., bonds (face value $212,000) tization of bond discount dividends declared dividends paid eeds from sales of Red Co. common stock $ 12,500 21,500 360,000 4,600 94,000 78,000 154,000 cember 31, 2021, statement of cash flows, what amount should Red s net cash outflows from investing activities? ultiple Choice) $325,000. $381,500. $338,500 $190,500