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Net income $ 15,000 Cash dividends paid to stockholders 3,500 Cash proceeds from sale of land 3,750 Cash proceeds from bank loan 9,500 Cash payment
Net income | $ 15,000 |
Cash dividends paid to stockholders | 3,500 |
Cash proceeds from sale of land | 3,750 |
Cash proceeds from bank loan | 9,500 |
Cash payment (principal) on bank loan | 2,600 |
Cash paid to purchase equipment |
The company would report net cash provided by (used in) financing activities of:
$3,400
$9,500
$(4,625)
$12,100
The company would report net cash provided by (used in) investing activities of:
$(3,250)
$(1,150)
$15,000
$9,500
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