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Balance, Jan. 1 Receipts from customers The following T-account is a summary of the cash account of Oriole Company. Cash (Summary Form) 8,800 400,400 Payments
Balance, Jan. 1 Receipts from customers The following T-account is a summary of the cash account of Oriole Company. Cash (Summary Form) 8,800 400,400 Payments for goods 220,000 Dividends on stock investments Proceeds from sale of equipment Proceeds from issuance of 6,600 39,600 Payments for operating expenses 154,000 Interest paid 11,000 Taxes paid 8,800 bonds payable 330,000 Dividends paid 44,000 Balance, Dec. 31 347,600 What amount of net cash provided (used) by financing activities should be reported in the statement of cash flows? (Show amounts that decrease cash flow with either a-sign eg-15,000 or in parenthesis eg. (15,000)) Net cash provided by financing activities
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