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Required information The following information applies to the questions displayed below.) During the month of...

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Accounting

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Required information The following information applies to the questions displayed below.) During the month of August, Boyce Company had the following transactions: (1)Revenues of $120,000 were earned and received in cash. (2)Bank loans of $18,000 were paid off. (3)Equipment of $40,000 was purchased with cash. (4)Expenses of $73,600 were paid. (5)Stockholders purchased additional shares for $44,000 cash. A statement of cash flows for August, would report net cash flows from operating activities of Multiple Choice $46,400. $40,000 $32.400 $26.000 A statement of cash flows for August, would report net cash flows from financing activities of Multiple Choice $32,400 $40,000. $46,400 () $26.000

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