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A) Determine the cash inflow from the issue of common stock. Common stock issued Exercise 14-12A (Algo) Determining cash flows from financing activities LO 14-4

A) Determine the cash inflow from the issue of common stock.

Common stock issued

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Exercise 14-12A (Algo) Determining cash flows from financing activities LO 14-4 On January 1, Year 1, Campbell Company had a balance of $116,500 in its Common Stock account. During Year 1 , Campbell paid $25,100 to purchase treasury stock. Treasury stock is accounted for using the cost method. The balan in the Common Stock account on December 31, Year 1, was $149,500. Assume that the common stock is no par stock Required a. Determine the cash inflow from the issue of common stock. b. Prepare the financing activities section of the Year 1 statement of cash flows. Complete this question by entering your answers in the tabs below. Prepare the financing activities section of the Year 1 statement of cash flows. Note: Cash outflow should be indicated with a minus sign

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