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During Year 1. El Paso Company had the following changes in account balances: The Accumulated Depreciation account had a beginning balance of $82,500 and an

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During Year 1. El Paso Company had the following changes in account balances: The Accumulated Depreciation account had a beginning balance of $82,500 and an ending balance of $115,500. The Increase was due to depreciation expense. The Long-Term Notes Payable account had a beginning balance of $132,000 and an ending balance of $69,000. The decrease was due to repayment of debt. The Equipment Account had a beginning balance of $115,000 and an ending balance of $308,500. The increase was due to the purchase of other operational assets. The Long-Term Investments Account (Marketable Securities) had a beginning balance of $82,800 and an ending balance of $57,500. The decrease was due to the sale of investments at cost. The Dividends Payable account had a beginning balance of $55,200 and an ending balance of $46,000. There were $92000 of dividends declared during the period. The Interest Payable account had a beginning balance of $10,350 and an ending balance of $5,750. The difference was due to the payment of interest What is the net cash flow from financing activities? 1 o O $101,200 inflow o S63,000 inflow o S63,000 outflow o S164,200 outflow

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