Question: In preparing its cash flow statement for the year ended December 31, 2016, Green Co. gathered the following data: Gain on sale of land $

In preparing its cash flow statement for the year ended December 31, 2016, Green Co. gathered the following data:

Gain on sale of land $ 12,600

Proceeds from sale of land 21,200

Purchase of Black, Inc., bonds (face value $230,000) 368,000

Amortization of bond discount 4,900

Cash dividends declared 93,000

Cash dividends paid 76,000

Proceeds from sales of Green Co. common stock 152,000

In its December 31, 2016, statement of cash flows, what amount should Green report as net cash from financing activities?

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