70.2K
Verified Solution
Link Copied!
In preparing its cash flow statement for the year ended December 31, 2021, Green Co. gathered the following data
Gain on sale of land $ 12,200
Proceeds from sale of land $ 22,000
Purchase of black, inc, bonds ( face value $ 215,000) $ 364,000
Amortization of bond discount $4,700
Cash dividends declared $ 98,000
Cash dividends paid $80,000
proceeds from sales of green co. common stock $154,000
In its December 31,2021 statement of cash flows, what amount should green report as net cash from financing activities?
Answer & Explanation
Solved by verified expert
