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Cheyenne Corp. issued common stock for proceeds of $491000 during 2017. The company paid dividends of $87000 and issued a long-term note payable for $330000
Cheyenne Corp. issued common stock for proceeds of $491000 during 2017. The company paid dividends of $87000 and issued a long-term note payable for $330000 in exchange for equipment during the year. The company also purchased treasury stock that had a cost of $71000. The financing section of the statement of cash flows will report net cash inflows of?
$333000. |
| $734000. |
| $404000. |
| $663000. |
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