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TB Problem Qu. 16-223 (Algo) Computing cash flows from financing activities The following information shows comparative balance sheets. Net income is $67,000 for the current

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TB Problem Qu. 16-223 (Algo) Computing cash flows from financing activities The following information shows comparative balance sheets. Net income is $67,000 for the current year ended December 31. 1. Calculate the cash received from the sale of its common stock during the current year. 2. Calculate the cash paid for dividends in the current year

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