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Company X paid Company Y $2.25 million for a new plant. During the same accounting period, Company X experienced the following changes in its balance
Company X paid Company Y $2.25 million for a new plant. During the same accounting period, Company X experienced the following changes in its balance sheet: Cash decreased by $355,000, Accounts Receivable increased by $322,200, Inventory increased by $276,700, Property, Plant, and Equipment increased by $753,800, and Bonds Payable increased by $2 million. The net cash flow provided by financing activities is:
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