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In preparing its cash flow statement for the year ended December 31, 2018, Green Co....

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Accounting

In preparing its cash flow statement for the year ended December 31, 2018, Green Co. gathered the following data:

Gain on sale of land $ 12,600
Proceeds from sale of land 21,500
Purchase of Black, Inc., bonds (face value $210,000) 362,000
Amortization of bond discount 4,100
Cash dividends declared 94,000
Cash dividends paid 75,000
Proceeds from sales of Green Co. common stock 152,000

In its December 31, 2018, statement of cash flows, what amount should Green report as net cash from financing activities?

Multiple Choice

$58,000.

$19,000.

$152,000.

$77,000.

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