A company reports the following balances: 
What is reported on the statement of cash flows prepared with the indirect method for the year ended December 31, 2018? Assume there were no retirements of common stock during 2018. No dividends were declared in 2018.
A) Financing Activity: Sale of Common Stock, $141,000
B) Financing Activity: Sale of Common Stock, $150,000
C) Operating Activity: Net Income $10,000
D) B and C
Correct Answer:
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