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Burich Co. reported short-term borrowings of $4.00 million, long-term borrowings of $6.95 million, repayments of long-term borrowings of $4.25 million, interest payments of $781,500, purchase
Burich Co. reported short-term borrowings of $4.00 million, long-term borrowings of $6.95 million, repayments of long-term borrowings of $4.25 million, interest payments of $781,500, purchase of common stock shares for treasury of $2.00 million, and cash dividends declared of $4.85 million.
What is the cash flow from financing activities?
a. $-4,150,000 net cash inflow.
b. $4,700,000 net cash inflow.
c. $-150,000 net cash inflow.
d. $700,000 net cash inflow.
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