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-The Amount Reported as Net Cash Provided by Financing Activities

Question 45

Multiple Choice

 The following data is for the Kris Company for 2015;  Gain on sale of equipment $8,000 Purchase of First Corp. bonds (face value $250,000 )  275,000 Proceeds from sale of machinery 300,000 Dividends paid 50,000 Proceeds from sale of treasury stock 200,000\begin{array}{l}\text { The following data is for the Kris Company for } 2015 \text {; }\\\begin{array}{lr}\text { Gain on sale of equipment } & \$8, 000 \\\text { Purchase of First Corp. bonds (face value } \$ 250,000 \text { ) } & 275,000 \\\text { Proceeds from sale of machinery } & 300,000 \\\text { Dividends paid } & 50,000 \\\text { Proceeds from sale of treasury stock } & 200,000\end{array}\end{array}
-The amount reported as net cash provided by financing activities is


A) $25,000.
B) $30,000.
C) $150,000.
D) $200,000.

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