Additional information:During the year, $80 of common stock was issued in exchange for plant assets. No plant assets were sold in 2020.Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign e. g. -15,000 or in parenthesis e. g. (15,000).)

Note: The full question is attached as picture below

       Statement of cash flow - Pharaoh Company

Cash Flows From Operating Activities

Net Income                                                     $780

Adjustment

Depreciation Expenses                $130

Gain On Sale Of Investment       -$70

Increase In Receivable                -$470

Decrease In Inventories               $240

Increase In Accounts Payable      $280

Decrease In Accrued Liabilities  -$70

                                                                         $40

Net Cash From Operating Activities            $820

Cash Flows From Investing Activities

Sale Of Long Term Investment   $190

(1400-1280)+70

Purchase Of Plant Assets           -$190           $0

Net Cash Used Investing Activities               $0

Cash Flows From Financing Activities

Repayment Of Bonds Payable     -$140

Issue Of Common Stock                $210

Payment Of Dividends                  -$260          

Net Cash From Financing Activities               -$190

Net Increase In Cash And Cash Equivalents  $630

Beginning Cash Balance                                     $1,130

Ending Balance                                                    $1,760

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.

b is the correct answer