Question
Kane Ltd had the following transactions during 2019: Issued 10,000 shares of $2 Par Common Stock for Cash $45,000 Purchased a new work truck and
Kane Ltd had the following transactions during 2019: Issued 10,000 shares of $2 Par Common Stock for Cash $45,000 Purchased a new work truck and paid cash $75,000 Received cash payments on Accounts Receivable $55,000 Purchased Inventory $95,000 Paid a cash dividend to Shareholders $20,000 Paid down with cash the principle portion of a Note Payable $30,000 Purchased a patent with cash to manufacture a new product $40,000 What is the net cash Inflow or (Outflow) from Financing Activities for 2019? BE SURE TO ENTER OUTFLOWS AS A NEGATIVE WITH A MINUS SIGN (like this -1, not (1))
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