Juniper Corp. has the following transactions in 20X5.
- Juniper’s equipment with a book value of $55,000 was sold for $85,000 cash.
- A parcel of land was purchased for $100,000 worth of Juniper common stock.
- ABC company paid Juniper preferred dividends of $40,000.
- Juniper declared and paid a $100,000 cash dividend.
Under U.S. GAAP, what is cash flow from financing (CFF) for Juniper for 20X5?
A. −$60,000.
B. −$115,000.
C. −$100,000.
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