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21 Arkansas Company is preparing its statement of cash flows using the indirect method. Refer to the following information: 1. Repayments on Long-term Notes Payable

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Arkansas Company is preparing its statement of cash flows using the indirect method. Refer to the following information: 1. Repayments on Long-term Notes Payable $62,000 2. New borrowing on Long-term Notes Payable $25,000 Which of the following statements is correct? O A. Net cash provided by investing activities is $37,000. O B. Net cash provided by financing activities is $37,000. C. Net cash used for investing activities will is 562,000 OD. Net cash used for financing activities is $(37,000)

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