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During the year, ABC Corporation's Treasury Stock account increased $46,000 due to a cash purchase, cash dividends of $42,000 were paid and the company reported

During the year, ABC Corporation's Treasury Stock account increased $46,000 due to a cash purchase, cash dividends of $42,000 were paid and the company reported net income of $200,000. On the statement of cash flows (indirect method), Net cash used by financing activities is: Select one: a. ($88,000). b. ($112,000). c. ($154,000). d. ($158,000).

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