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A company reports the following information for Year 1: Sale of Equipment $20,000 Issuance of the companys bonds $10,000 Dividends paid $5,000 Purchase of stock

A company reports the following information for Year 1:

Sale of Equipment

$20,000

Issuance of the companys bonds

$10,000

Dividends paid

$5,000

Purchase of stock of another company

$2,000

Purchase of U.S. Treasury note

$2,000

Income taxes paid

$2,000

Interest income received

$500

What is the companys net cash flow from financing activities?

($9,000)

$5,000

$5,500

$15,000

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