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Exhibit 22-3 the Balance Sheet Accounts and Other Information Related $40,000 \$ 40,000

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Exhibit 22-3 The balance sheet accounts and other information related to those accounts are presented below for Tony Company:
 Exhibit 22-3 The balance sheet accounts and other information related to those accounts are presented below for Tony Company:   Additional information related to 2011 activities: 1. Net loss for 2011 was   \$ 40,000  . 2. Cash dividends of   \$ 12,000   were declared and paid in 2011. 3. 4,000 shares of comunon stock were issued to bonchalders converting bonds payable into common stock.  4. A long-term investment was sold for   \$ 100,000   cash 5. Equipment costing   \$ 100,000   and having accumulated depreciation of   \$ 30,000   was sold for   \$ 50,000   cash   -Refer to Exhibit 22-3.Net cash provided (used) in the financing activities section of Tony's 2011 statement of cash flows was A) $ 0 B) $(12, 000)  C) $(52, 000)  D) $(32, 000)  Additional information related to 2011 activities:
1. Net loss for 2011 was $40,000 \$ 40,000 .
2. Cash dividends of $12,000 \$ 12,000 were declared and paid in 2011.
3. 4,000 shares of comunon stock were issued to bonchalders converting bonds payable into common stock.
4. A long-term investment was sold for $100,000 \$ 100,000 cash
5. Equipment costing $100,000 \$ 100,000 and having accumulated depreciation of $30,000 \$ 30,000 was sold for $50,000 \$ 50,000 cash

-Refer to Exhibit 22-3.Net cash provided (used) in the financing activities section of Tony's 2011 statement of cash flows was

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