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During the year, Next Tec Corp. had the following cash flows: receipt from customers, $17,000; receipt from the bank for long-term borrowing, $6,800; payment to
During the year, Next Tec Corp. had the following cash flows: receipt from customers, $17,000; receipt from the bank for long-term borrowing, $6,800; payment to suppliers, $6,000; payment of dividends, $1,800, payment to workers, $2,600; and payment for machinery, $10,000. What amount would be reported for net financing cash flows on the Statement of Cash Flows? O $5,000 ($10,000 O $6,000 O $6,800
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