Question: 3 pts DQuestion 27 In preparing its cash flow statement for the year ended December 31, 2018, TextileX Co. gathered the following data: Gain on

3 pts DQuestion 27 In preparing its cash flow statement for

3 pts DQuestion 27 In preparing its cash flow statement for the year ended December 31, 2018, TextileX Co. gathered the following data: Gain on sale of land Proceeds from sale of land Purchase of Black, Inc., bonds (face value $235,000) Amortization of bond discount Cash dividends declared Cash dividends paid Proceeds from sales of Green Co. common stock $ 12,800 21,800 362,000 4700 100,000 79,000 156,000 In its December 31, 2018, statement of cash flows, what amount should TextileX report as net cash from financing activities? $127,000. o $77,000. $21,000. $56,000

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