CPA Exam Bonus Question #2 In preparing its cash flow statem…
CPA Exam Bonus Question #2 In preparing its cash flow statement for the year ended December 31, 2022, Reve Co. collected the following data: Gain on sale of equipment $6,000 Proceeds from sale of equipment $10,000 Purchase of A.S., Inc bonds (par value $200,000) $180,000 Dividends declared $60,000 Dividends paid $55,000 Cash received from sale of treasury stock $80,000 What was Reve Co.’s net cash provided by financing activities?