A Company Completed the Following Transactions Involving Investments During the Current

Multiple Choice

A company completed the following transactions involving investments during the current year.

A) Payments of $50,000 for money market funds were reported as a cash outflow in the investing activities section.
B) Proceeds of $70,000 were reported as a cash inflow in the investing activities section.
C) Payments of $55,000 for trading securities were reported as a cash outflow in the operating activities section.
D) A gain of $10,000 on the sale of available-for-sale securities was deducted from net income in the operating activities section.