Question: In preparing its cash flow statement for the year ended December 31, 2018, Green Co. gathered the following data: Gain on sale of land $

In preparing its cash flow statement for the year ended December 31, 2018, Green Co. gathered the following data:

Gain on sale of land $ 12,700
Proceeds from sale of land 21,100
Purchase of Black, Inc., bonds (face value $225,000) 365,000
Amortization of bond discount 4,900
Cash dividends declared 91,000
Cash dividends paid 76,000
Proceeds from sales of Green Co. common stock 159,000

In its December 31, 2018, statement of cash flows, what amount should Green report as net cash from financing activities?

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