Information from the comparative Balance Sheets of XYZ Company is shown below. The Net Income of XYZ Company for 2009 was $220,000. The only items affecting Retained Earnings were Net Income and Dividends paid. Determine the cash flows from Financing activities for XYZ Company for 2009.

December 31	2009	2008
Common Stock $5 par	$545,000	475,000
Paid-in Capital in excess of par	685,000	555,000
Retained Earnings	315,500	157,500

a) Net cash provided by Financing Activities $138,000 **This is the correct answer

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