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a. Net income was $479,000. b. Issued common stock for $77,000 cash. c. Paid cash dividend of $17,000. d. Paid $120,000 cash to settle a

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a. Net income was $479,000. b. Issued common stock for $77,000 cash. c. Paid cash dividend of $17,000. d. Paid $120,000 cash to settle a long-term notes payable at its $120,000 maturity value. e. Paid $123,000 cash to acquire its treasury stock. f. Purchased equipment for $88,000 cash. Use the above information to determine cash flows from financing activities. (Amounts to be deducted should be indicated minus sign.)

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