In: Accounting
1)What is the total stockholders' equity based on the following account balances?
| 
 Common Stock  | 
 $1750000  | 
| 
 Paid-In Capital in Excess of Par  | 
 130000  | 
| 
 Retained Earnings  | 
 350000  | 
| 
 Treasury Stock  | 
 75000  | 
a)$2155000.
b)$2305000.
c)$1765000.
d)$2175000
2)
Sunland Company purchased treasury stock with a cost of $56700 during 2017. During the year, the company paid dividends of $20600 and issued bonds payable for proceeds of $902300. Cash flows from financing activities for 2017 total
a)$77300 net cash outflow.
b)$825000 net cash inflow.
c)$881700 net cash inflow.
d)$938400 net cash inflow.


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