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5. A company keeps $50,000 as depreciation, and $60,000 of the net income as retained earnings, pays $40,000 to shareholders in dividends, and has a

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5. A company keeps $50,000 as depreciation, and $60,000 of the net income as retained earnings, pays $40,000 to shareholders in dividends, and has a new stock offering with an increase of $100,000 in new capital shares. The company also takes on an additional $70,000 in new long-term borrowing. The Financing Activities total is: Select one: a. $130,000 cross out O b. -$40,000 cross out C. -$170,000 cross out d. -$130,000 cross out

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