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5. a Understanding the Statement of Cash flows Littlefield Ltd, which follow5 ASPE, repurchased shares using cash of $45,000 during the current year. During the

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5. a Understanding the Statement of Cash flows Littlefield Ltd, which follow5 ASPE, repurchased shares using cash of $45,000 during the current year. During the year, the company paid dividends of $35,000 and issued bonds payable for cash proceeds of $625,000. Cash flows from financing activities totai which of the following? $615,000 net cash inflow $705,000 net cashoutflow $635,000 net cash outflow $545,000 net cash inflow

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