A company is preparing its year-end cash flow statement using the indirect method. During the year, the following transactions occurred: ?

Dividends paid                                                           $300

Proceeds from the issuance of common stock          250

Borrowings under a line of credit                                200

100      Proceeds from the issuance of convertible bonds

Proceeds from the sale of a building                           150

What is the company’s increase in cash flows provided by fi -

nancing activities for the year?

a. $50

b. $150

c. $250

d. $550