Question: For Problem 6 , use the cash flow data for ABC shown below. Cash payment of dividends $ 3 5 , 0 0 0 Purchase

For Problem 6, use the cash flow data for ABC shown below.
Cash payment of dividends $35,000
Purchase of land $1,250,000
Cash payment of interest $45,000
Cash payment of salaries $250,000
Sale of equipment $130,000
Retirement of common stock $10,000
Purchase of equipment $240,000
Retirement of long-term debt $150,000
Cash from common stock issuance $200,000
Cash payment to suppliers $300,000
Cash collection from customers $1,000,000
Cash at beginning of year $200,000
6. What is the net cash provided or used by operating activities of ABC?
A) $420,000
B) $430,000
C) $440,000
D) $450,000

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