Minot Corporation borrowed $14,000, issued common stock of $11,000, and paid dividends of $16,000. What was Minot

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Minot Corporation borrowed $14,000, issued common stock of $11,000, and paid dividends of $16,000. What was Minot Corporation’s net cash provided or used by financing activities?

a. $(5,000)

b. $16,000

c. $9,000

d. $41,000 AppendixLO1

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