In preparing its cash flow statement for the year ended December 31, 2018, Red Co. gathered the following data: Gain on sale of land $12,300 Proceeds from sale of land 24,500 357,000 Purchase of Blue, Inc., bonds (face value $215,000) Amortization of bond discount Cash dividends declared 4,300 94,000 Cash dividends paid 79,000 Proceeds from sales of Red Co. common stock 155,000 In its December 31, 2018, statement of cash flows, what amount should Red report as net cash outflows from investing activities? Multiple Choice $190.500. $320.200 1.pdf 94,000 Cash dividends declared Cash dividends paid 79,000 Proceeds from sales of Red Co. common stock 155,000 In its December 31, 2018, statement of cash flows, what amount should Red report as net cash outflows from investing activities? Multiple Choice $190,500 $320,200 $381,500 $332.500 1pdf