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Question 5 The following information on selected cash transactions for the year has been provided...

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Question 5 The following information on selected cash transactions for the year has been provided by Patterson Company: Proceeds from sale of land Payment of common stock dividends Purchases of plant assets Purchases of inventories Proceeds from sale of common stock 190,000 50,000 144,000 680,000 240.000 Patterson's statement of cash flows for the year would show net cash provided (used) by financing activities of: a. $380,000 b. $290,000 c. $190,000 d. ($490,000)

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