The Balance Sheets of Butler, Inc $\$ 100,000$
- Cassie Paid

Multiple Choice

The balance sheets of Butler, Inc. and its 70 percent-owned subsidiary, Cassie Corp., are presented below: Additional information for 2013: - Butler & Cassie's consolidated net income was $\$ 100,000$ .
- Cassie paid $\$ 10,000$ in dividends.
- There were no disposals of plant & equipment or copyright this year. Net cash flow from operating activities was:

A) $92,000.
B) $27,000.
C) $63,000.
D) $29,000.
E) $34,000.