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5.5 pts Question 5 The following selected account balances were taken from ABC Company's gen eral ledgers for 2019: January 1, 2019 December 31, 2019
5.5 pts Question 5 The following selected account balances were taken from ABC Company's gen eral ledgers for 2019: January 1, 2019 December 31, 2019 Inventory 52,000 49,000 28,000 50,000 Accounts payable 3,000 9,000 Salaries payable Investments 75,000 69,000 Accounts receivable 53,000 68,000 Land 58,000 88,000 Notes payable 120,000 195,000 Common stock 100.000 120,000 Retained earnings 22,000 35,000 The following information was taken from ABC Company's 2019 income statem ent: Sales revenue Cost of goods sold Salaries expense Net income $430,000 300,000 68,000 $ 62,000 Calculate ABC Company's net cash flow from financing activities for 2019. your answer is negative, place a minus sign in front of your answer with no spaces in between (e.g., "1234)
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