Find the Cash Inflows from Investing and Financing Activities Using

Multiple Choice

Find the cash inflows from investing and financing activities using the data below assuming the company followed ASPE standards. $\begin{array}{|l|r|}\hline \text { Proceeds from issuance of common shares } & \$ 180,000 \\\hline \text { Dividends received on investments } & 8,000 \\\hline \text { Cash proceeds from sale of equipment } & 89,000 \\\hline \text { Proceeds from bond issuance } & 200,000 \\\hline \text { Dividends paid to shareholders } & 3,000 \\\hline \text { Cash proceeds from sale of investments } & 43,000 \\\hline \text { Gain on the sale of a short term investment } & 4,000 \\\hline\end{array}$

A) Investing $132,000; financing $377,000
B) Investing $136,000; financing $389,000
C) Investing $144,000; financing $377,000
D) Investing $140,000; financing $377,000