Question: Using the indirect method to prepare the statement of cash flows, Smith Company issued additional common stock for $31,000 cash and paid cash dividends

Using the indirect method to prepare the statement of cash flows, Smith

Using the indirect method to prepare the statement of cash flows, Smith Company issued additional common stock for $31,000 cash and paid cash dividends of $2,000. They also paid $25,000 cash to retire a note payable. The net cash flows provided by / used for financing activities is OA. $4,000 B. $(4,000) OC. $(54,000) OD. $54,000

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