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grier company issued 10,000 shares of $5 par preferred stock for $50 per share during...

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Accounting

Grier Company issued 10,000 shares of $5 par preferred stock for $50 per share during 2021. The company paid dividends of $75,000 and retired a $100,000 note payable. What amount of cash flows from financing activities will be reported on the statement of cash flows? a. $25,000 net cash inflow. b. $325,000 net cash inflow. c. $125,000 net cash outflow. d. $125,000 net cash inflow

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