Strei Corporation's comparative balance sheet appears below:
The company's net income (loss) for the year was ($6,000) and its cash dividends were $4,000. The total dollar amount of all of the items that would be classified as sources when compiling a simplified statement of cash flows is:
A) $4,000
B) $38,000
C) $34,000
D) $28,000

Question

Strei Corporation's comparative balance sheet appears below: 
The company's net income (loss) for the year was ($6,000) and its cash dividends were $4,000. The total dollar amount of all of the items that would be classified as sources when compiling a simplified statement of cash flows is:
A) $4,000 
B) $38,000 
C) $34,000 
D) $28,000

Quizplus · Accepted Answer

The Answer of Strei Corporation's comparative balance sheet appears below: 
The company's net income (loss) for the year was ($6,000) and its cash dividends were $4,000. The total dollar amount of all of the items that would be classified as sources when compiling a simplified statement of cash flows is:
A) $4,000 
B) $38,000 
C) $34,000 
D) $28,000

Strei Corporation's Comparative Balance Sheet Appears Below