Question: During 2 0 2 4 , Blue Inc. had the following activities related to its financial operations: Carrying value of convertible preferred stock in Blue,

During 2024, Blue Inc. had the following activities related to its financial operations:
Carrying value of convertible preferred stock in Blue, converted into common shares of Blue $534000
Payment in 2024 of cash dividend declared in 2023 to preferred shareholders
Payment for the early retirement of long-term bonds payable (carrying amount, $3934000)
285000
Proceeds from the sale of treasury stock (cost, $394000)
3979000
457000
The net cash used in financing activities reported in Blue's statement of cash flows for 2024 is
($3273000).
($2988000).
($3825000).
($3807000).During 2024, Blue Inc. had the following activities related to its financial operations:
Carrying value of convertible preferred stock in Blue, converted into common shares of Blue $534000
Payment in 2024 of cash dividend declared in 2023 to preferred shareholders
Payment for the early retirement of long-term bonds payable (carrying amount, $3934000)
285000
Proceeds from the sale of treasury stock (cost, $394000)
3979000
457000
The net cash used in financing activities reported in Blue's statement of cash flows for 2024 is
($3273000).
($2988000).
($3825000).
($3807000).
 During 2024, Blue Inc. had the following activities related to its

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