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In Rooney Company, Treasury Shares increased $30,000 from a cash purchase, and Retained Earnings increased $80,000 as a result of net income of $124,000 and

In Rooney Company, Treasury Shares increased $30,000 from a cash purchase, and Retained Earnings increased $80,000 as a result of net income of $124,000 and cash dividends paid of $44,000. Net cash used by financing activities is:

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