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Business, 05.02.2021 21:10 jeff2852

Net income was $477,000. Issued common stock for $79,000 cash.
Paid cash dividend of $16,000.
Paid $130,000 cash to settle a note payable at its $130,000 maturity value.
Paid $120,000 cash to acquire its treasury stock.
Purchased equipment for $87,000 cash.
Use the above information to determine cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign.)

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Net income was $477,000. Issued common stock for $79,000 cash.
Paid cash dividend of $16,000...
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