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Activity During the Year: Cash Balance at Beginning of Year $80,000. Increase in Accounts Payable $60,000 Decrease in Accounts Receivable $40,000, Depreciation Expense $500,000, Net
Activity During the Year: Cash Balance at Beginning of Year $80,000. Increase in Accounts Payable $60,000 Decrease in Accounts Receivable $40,000, Depreciation Expense $500,000, Net Income $2,000,000. Purchase of Fixed Assets$800,000, Sales of Common Stock $100,000, Decrease in Notes Payable $85,000, Dividends Paid$ 15,000. Given the information below, calculate the company's cash flow from financing activities of the year?. $200,000. b. $ 170,000. $100,000. Clear my choice
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