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Ravenna Company is a merchandiser that uses the indirect method to prepare the operating activities section of its statement of cash flows. Its balance sheet

Ravenna Company is a merchandiser that uses the indirect method to prepare the operating activities section of its statement of cash flows. Its balance sheet for this year is as follows:

Ending Balance Beginning Balance
Cash $ 52,800 $ 62,700
Accounts receivable 45,100 48,400
Inventory 60,500 55,000
Total current assets 158,400 166,100
Property, plant, and equipment 165,000 154,000
Less accumulated depreciation 55,000 38,500
Net property, plant, and equipment 110,000 115,500
Total assets $ 268,400 $ 281,600
Accounts payable $ 35,200 $ 62,700
Income taxes payable 27,500 30,900
Bonds payable 66,000 55,000
Common stock 77,000 66,000
Retained earnings 62,700 67,000
Total liabilities and stockholders equity $ 268,400 $ 281,600

During the year, Ravenna paid a $6,600 cash dividend and it sold a piece of equipment for $3,300 that had originally cost $6,600 and had accumulated depreciation of $4,400. The company did not retire any bonds or repurchase any of its own common stock during the year.

14. What is the amount of gross cash inflows reported in the financing section of the companys statement of cash flows?

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