Kilduff Corporation's Balance Sheet and Income Statement Appear Below

question 31

Multiple Choice

Kilduff Corporation's balance sheet and income statement appear below: The company sold equipment for $19 that was originally purchased for $10 and that had accumulated depreciation of $5.The company paid a cash dividend of $44 and it did not issue any bonds payable or repurchase any of its own common stock. The net cash provided by (used in) financing activities for the year was:

• A)($44)
• B)($71)
• C)$2
• D)($29)

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