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  3. a ryan ltd. sold equipment with a book value of $1

a Ryan Ltd. sold equipment with a book value of $120,000 for a $20,000 gain,...

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Accounting

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a Ryan Ltd. sold equipment with a book value of $120,000 for a $20,000 gain, sold Ryan Ltd. common stock for $250,000, repaid a notes payable for $200,000 (this amount includes $20,000 of interest on the notes payable), paid dividends of $50,000, resold treasury stock for $25,000 (the treasury stock was originally purchased for $15,000), and received dividends in the amount of $35,000. The net cash inflow from financing activities was: O $30,000 O $33,000 O $45,000 O $118,000 O None of the above

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