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ongganisa Company for the year 2020: Debits Balance, January 1 800,000 Receipts from customers 3,640,000 Dividends received on equity investments 60,000 Proceeds from the sale

ongganisa Company for the year 2020:

Debits

Balance, January 1

800,000

Receipts from customers

3,640,000

Dividends received on equity investments

60,000

Proceeds from the sale of equipment

360,000

Proceeds from the issue of bonds payable

3,000,000

Credits

Payment of goods purchased

2,000,000

Payment for operating expenses

1,400,000

Interest paid

100,000

Income taxes paid

350,000

Dividends paid

500,000

Longganisa Company presents interest paid under operating activities, dividends received under investing activities, and dividends paid under financing activities.

What is the net cash provided by/(used in) operating activities?

(210,000)

(710,000)

240,000

(110,000)

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