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Roberts Company sold equipment for $210,000, purchased a building for $6,300,000, sold short-term investments for $240,000, repaid principal on a note payable for $2,100,000 plus
Roberts Company sold equipment for $210,000, purchased a building for $6,300,000, sold short-term investments for $240,000, repaid principal on a note payable for $2,100,000 plus $190,000 of interest, and paid cash dividends of $34,000.
What was the net cash flow from financing activities?
a. $2,324,000 outflow.
b. $2,134,000 outflow.
c. $2,100,000 outflow.
d. $2,290,000 outflow.
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