During the month of August, IQPC COMPANY had the following transactions Revenues of $123,000 were earned and received in cash. Bank loans of $20,250…

During the month of August, IQPC COMPANY had the following transactions

Revenues of $123,000 were earned and received in cash.

Bank loans of $20,250 were paid off.

Equipment of $43,000 was purchased with cash.

Expenses of 75,100 were paid.

Stockholders purchased additional shares for $47,000 cash.

A statement of cash flows for August, would report net cash flows from investing activities of:

1.26,750.

2.31,650.

3.43,000.

4.47,900.

A statement of cash flows for August, would report an increase in cash of:

1.26,750.

2.31,650.

3.43,000.

4.47,900.

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