There were no sales of treasury stock during the year. Which of the following statements would be true?
A) There was zero net cash flow from transactions involving Common Stock.
B) There was a negative cash flow of $4,000 from the issuance of Common Stock.
C) There was a positive cash flow of $4,000 from the issuance of Common Stock.
D) There was positive cash flow of $16,000 from issuance of Common Stock.
Correct Answer:
Verified
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