S 1 THROUGH 3 ARE BASED ON EXHIBIT 5-1. Exhibit 5-1 The following data relate to Amanda Inc. for Year 3: ________________________________________ Gain on sale of equipment 8,000 Purchase of Will bonds ($300,000 face value) 275,000 Proceeds from sale of machinery 300,000 Dividends paid 50,000 Proceeds from sale of treasury stock 200,000 1. The amount reported as net cash provided from investing activities is __________. a) $25,000 b) $50,000 c) $275,000 d) $575,000 2. The amount reported as net cash provided by financing activities is __________. a) $25,000 b) $30,000 c) $150,000 d) $160,000 3. The gain on sale of equipment should be: a) a source of funds in the financing activities section. b) added back to net income to arrive at cash flow from operations. c) excluded from the statement of cash flows. d) subtracted from net income to arrive at cash flow from operations