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9. A company had the following income statement and balance sheet data. Net income of $120,000 included $12,000 of depreciation expense. During the year,
9. A company had the following income statement and balance sheet data. Net income of $120,000 included $12,000 of depreciation expense. During the year, current assets increased by $25,000 and current liabilities increased by $20,000. The company issued common stock for $30,000 and paid cash dividends of $50,000. There were no changes in long-term debt, acquisitions of plant assets or sales of plant assets. What is cash flows from each of operating, investing and financing activities?
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