Which of the following items could appear in a company’s cash flow statement?
(1) Surplus on revaluation of non-current assets.
(2) Proceeds of issue of shares.
(3) Proposed dividend.
(4) Bad debts written off.
(5) Dividends received.
A (1), (2) and (5) only
B (2), (3), (4), (5) only
C (2) and (5) only
D (3) and (4) only

C