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What amount should green report as net cash

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Reference no: EM133173607

Question - In preparing its cash flow statement for the year ended December 31, 2021, Green Co. gathered the following data:

Gain on sale of land $12,800

Proceeds from sale of land 21,600

Purchase of Black, Inc., bonds (face value $250,090) 366,000

Amortization of bond discount 4,100

Cash dividends declared 97,000

Cash dividends paid 77,000

Proceeds from sales of Green Co. common stock 158,000

In its December 31, 2021, statement of cash flows, what amount should Green report as net cash from financing activities?

Reference no: EM133173607

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