Pursley,Inc $\begin{array} {cc} & \text { Financing Activities } & \text { Operating Activities } \\\end{array}$

Pursley,Inc.owns 70 percent of Harry Corp.The consolidated income statement for a year reports $50,000 Noncontrolling Interest in Harry Corp.'s Net Income.Harry paid dividends in the amount of $80,000 for the year.What are the effects of these transactions in the consolidated statement of cash flows for the year? $\begin{array} {cc} & \text { Financing Activities } & \text { Operating Activities } \\\end{array}$
A) $\begin{array} {cc} & \text { Increased by } \$ 24,000 && \text { Increased by } \$ 15,000 \\\end{array}$
B) $\begin{array} {cc} & \text { Decreased by } \$ 15,000 && \text { Unaffected } \\\end{array}$
C) $\begin{array} {cc} & \text { Unaffected } &&&&&& \text { Decreased by } \$ 15,000 \\\end{array}$
D) $\begin{array} {cc} & \text { Decreased by } \$ 24,000 && \text { Unaffected } \\\end{array}$
E) $\begin{array} {cc} & \text { Unaffected } &&&&&& \text { Increased by } \$ 24,000 \\\end{array}$