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Delta Company has provided the following information for the year ended December 31, 2014: Cash paid for interest, $20,000 Cash paid for dividends to stockholders,
Delta Company has provided the following information for the year ended December 31, 2014:
Cash paid for interest, $20,000
Cash paid for dividends to stockholders, $6,000
Cash dividends received, $4,000
Cash proceeds from bank loan, $29,000
Cash paid for equipment purchase, $27,000
Cash received from issuance of common stock, $26,000
Acquisition of land costing $51,000 (paid in cash)
How much was Delta's net cash flow from financing activities?
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