Wyoming Company uses the indirect method to prepare its statement of cash flows. Refer to the following portion of the comparative balance$$ sheet:

Wyoming Company

Comparative Balance Sheet

December$31,2024$ and $2023$

$2024$

$2023$

$$Increase$/($Decrease$)$

Common Stock

$ $17$ comma $000$

$ $12$ comma $300$

$ $4$ comma $700$

Retained Earnings

$117$ comma $000$

$75$ comma $000$

$42$ comma $000$

Treasury Stock

$(8$ comma $100)$

$(5$ comma $400)$

$(2$ comma $700)$

Total Equity

$ $125$ comma $900$

$ $81$ comma $900$

$ $44$ comma $000$

$$Note

$1.$ There was no retirement of stock during the year.

$2.$ There were no sales of treasury stock during the year.

$3.$ Common Stock was issued for cash.

Which of the following statements is$$ correct?

Question content area bottom

Part $1$

A$.$

There was positive cash flow of $ $17$ comma $000$ from issuance of Common Stock.

B$.$

There was zero net cash flow from transactions involving Common Stock.

C$.$

There was a positive cash flow of $ $4$ comma $700$ from the issuance of Common Stock.

D$.$

There was a negative cash flow of $ $4$ comma $700$ from the issuance of Common Stock.