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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, $7,400; payment to

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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, $7,400; payment to suppliers, $5,600; payment of dividends: $1,900, payment to workers, $2,200: and payment for machinery, $11,000. What amount would be reported for net financing cash flows in the statement of cash flows? Multiple Choice $5,000 $7,400 $5,500

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