The following is a partiallist of transactions completed by the Ryan Company during its fifth year of operations.• Sold land for $50,000 cash.• Issued common stock for $20,000.• Paid $27,000 cash to purchase delivery equipment.• Issued a $15,000 note to a bank for cash.• Paid a $10,000 cash dividend.• Earned $60,000 of cash revenue.• Paid $42,000 of cash expenses. Based on these events alone, the net cash flow from financing activities is
a. $45,000.b. $35,000.c. $25,000.d. $20,000.

Frost corporation incurred the following transactions during its first year of operations. (assume all transactions involve cash.) 1) acquired $1,900 of capital from the owners. 2) purchased $435 of direct raw materials. 3) used $290 of these direct raw materials in the production process. 4) paid production workers $490 cash. 5) paid $290 for manufacturing overhead (applied and actual overhead are the same). 6) started and completed 250 units of inventory. 7) sold 140 units at a price of $6 each. 8) paid $130 for selling and administrative expenses. the amount of raw material inventory on the balance sheet at the end of the accounting period would be: