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Madison company issued common stock for proceeds of $20000 during 2020. The compnay paid dividends of $5000. The compnay also issued a long-term note payable
Madison company issued common stock for proceeds of $20000 during 2020. The compnay paid dividends of $5000. The compnay also issued a long-term note payable for $35000 in exchange for equipment during the year. The company sold treasury stock that had a cost of $3000 for $9000.
Compute net cash flows from financing activities
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