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a. Net income was $470,000. b. Issued common stock for $71,000 cash. c. Paid cash dividend of $16,000 d. Paid $120,000 cash to settle a

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a. Net income was $470,000. b. Issued common stock for $71,000 cash. c. Paid cash dividend of $16,000 d. Paid $120,000 cash to settle a note payable at its $120,000 maturity value e. Paid $119,000 cash to acquire its treasury stock. f. Purchased equipment for $92,000 cash. Use the above information to determine cash flows from financing activities.(Amounts to be deducted should be indicated with a minus sign.) Statement of Cash Flows (partial) Cash flows from financing activities

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