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Dividends paid to preferred stockholders $150,000 Loans made to affiliated corporations $750,000 Proceeds from issuing bonds $900,000 Proceeds from issuing preferred stock $1,050,000 Proceeds from

Dividends paid to preferred stockholders $150,000 Loans made to affiliated corporations $750,000 Proceeds from issuing bonds $900,000 Proceeds from issuing preferred stock $1,050,000 Proceeds from sale of equipment $450,000 Purchases of inventories $1,200,000 Purchase of land by issuing bonds $300,000 Purchases of treasury stock $600,000 The net cash provided (used) by investing activities during 2008 is A) $(600,000). B) $(300,000). C) $150,000. D) $450,000. The net cash provided (used) by financing activities during 2008 is A) $(1,650,000). B) $450,000. C) $750,000. D) $1,200,000

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