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 Proceeds from sale of land Purchase of Black, Inc., bonds (face value $200,000) Amortization of bond discount Cash dividends declared Cash dividends paid Proceeds from sales of Green Co. common stock 12,00 0 20,00 0 360,0 00 4,000 90,00 0 76,00 0 150,0 00 In its December 31, 2018, statement of cash flows, what amount should Green report as net cash from financing activities? $54,000 $40,000 $60,000 $74,000
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