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Net income $12,000 Depreciation expense $1,100 Cash dividends paid to stockholders $2,900 Cash proceeds from sale of land $3,450 Cash proceeds from bank loan $7,700

Net income $12,000

Depreciation expense $1,100

Cash dividends paid to stockholders $2,900

Cash proceeds from sale of land $3,450

Cash proceeds from bank loan $7,700

Cash payment (principal) on bank loan $2,000

Cash paid to purchase equipment $5,800

The company would report net cash provided by (used in) financing activities of what amount?

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