Cash Flow Analysis Robot-One Inc.: (Part 1 of 2)
A company had the following information in their income statement and balance
sheet:
Income Statement
Net Income for the year was $87,000
Balance Sheet
Common Shares Beg. Balance $249,000 End Balance $388,000
Retained Earnings Beg. Balance $115,000 End Balance $121,000
A non-cash dividend of dividend was given of $16,000
For part 1 of this question: What was the total cash collected from the issuing of
common shares?
a) $ 74,000
b) $ 107,000
c) $ 139,000
d) $ 123,000