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What Would Be the Cash Inflows from Investing and Financing

Question 74

Multiple Choice

What would be the cash inflows from investing and financing activities given the following data if the cash flow statement was prepared using GAAP?  Proceeds from issuance of preferred shares $80,000 Interest received on investments 8,000 Proceeds from sale of equipment 89,000 Proceeds from issuance of bonds 300,000 Dividends received on investments 3,000 Proceeds from sale of investments 43,000 Gain on the sale of a temporary investment 4,000\begin{array} { l r } \text { Proceeds from issuance of preferred shares } & \$ 80,000 \\\text { Interest received on investments } & 8,000 \\\text { Proceeds from sale of equipment } & 89,000 \\\text { Proceeds from issuance of bonds } & 300,000 \\\text { Dividends received on investments } & 3,000 \\\text { Proceeds from sale of investments } & 43,000 \\\text { Gain on the sale of a temporary investment } & 4,000\end{array}


A) Investing $132,000; financing $380,000
B) Investing $135,000; financing $391,000
C) Investing $143,000; financing $380,000
D) Investing $148,000; financing $391,000

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