In preparing its cash flow statement for the year ended December 31, 2021, Red Co. gathered...

 

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In preparing its cash flow statement for the year ended December 31, 2021, Red Co. gathered the following data: Gain on sale of land Proceeds from sale of land Purchase of Blue, Inc., bonds (face value $216,000) Amortization of bond discount Cash dividends declared Cash dividends paid Proceeds from sales of Red Co. common stock Multiple Choice In its December 31, 2021, statement of cash flows, what amount should Red report as net cash outflows from investing activities? $191,500. $319,900. $332,500. $ 12,600 24,500 357,000 $381,500. 4,600 98,000 73,000 152,000 In preparing its cash flow statement for the year ended December 31, 2021, Red Co. gathered the following data: Gain on sale of land Proceeds from sale of land Purchase of Blue, Inc., bonds (face value $216,000) Amortization of bond discount Cash dividends declared Cash dividends paid Proceeds from sales of Red Co. common stock Multiple Choice In its December 31, 2021, statement of cash flows, what amount should Red report as net cash outflows from investing activities? $191,500. $319,900. $332,500. $ 12,600 24,500 357,000 $381,500. 4,600 98,000 73,000 152,000

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