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On January 1 Year Hardy Company had a balance of $15,000 in its Common Stock account. During Yeart Hardy paid 530.200 to purchase treasury stock

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On January 1 Year Hardy Company had a balance of $15,000 in its Common Stock account. During Yeart Hardy paid 530.200 to purchase treasury stock Treasury stock is accounted for using the cost method. The balance in the Common Stock account on December 31, Yeart was $136.000. Assume that the common stock is no par stock Required a. Determine the cash flow from the issue of common stock Cath whoof och b. Prepare the financing activitet section of the Yeart statement of cash flows. (Amounts to be deducted should be indicated with minus sign Netcash flow from inancing b. Prepare the financing activities section oft minus sign.) Cash flows from financing activities Paid for purchase of treasury stock Proceeds from issue of bonds payable Proceeds from issue of common stock Proceeds from the sale of land

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