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During the year, Lady Liberty Corporation's Treasury Stock account increased $53,000 due to a cash purchase, cash dividends of $42,000 were paid and the
During the year, Lady Liberty Corporation's Treasury Stock account increased $53,000 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: A. ($147,000). B. ($158,000). C. ($95,000). D. ($105,000).
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