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During the year, Next Tec Corp. had the following cash flows: receipt from customers, $16,000; receipt from the bank for long-term borrowing, $6,200; payment to

During the year, Next Tec Corp. had the following cash flows: receipt from customers, $16,000; receipt from the bank for long-term borrowing, $6,200; payment to suppliers, $5,500; payment of dividends; $1,500, payment to workers, $2,700; and payment for machinery, $12,500. What amount would be reported for net financing cash flows in the statement of cash flows?

Multiple Choice

A.$3,700

B.$4,700

C.$6,200

D.($12,500)

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