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Marigold Corp. issued common stock for proceeds of $435000 during 2017. The company paid dividends...

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Accounting

Marigold Corp. issued common stock for proceeds of $435000 during 2017. The company paid dividends of $77000 and issued a long-term note payable for $293000 in exchange for equipment during the year. The company also purchased treasury stock that had a cost of $63000. The financing section of the statement of cash flows will report net cash inflows of

a. $651000.

b. $358000.

c. $295000.

d. $588000.

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