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The following data is for the Matt Company for 20X1: Loss on sale of equipment $ 4,000 Purchase of Ithaca Corp. bonds (face value $400,000)

The following data is for the Matt Company for 20X1:

Loss on sale of equipment $ 4,000
Purchase of Ithaca Corp. bonds (face value $400,000) 375,000
Proceeds from sale of machinery 200,000
Dividends paid 25,000
Proceeds from sale of treasury stock 100,000

The amount reported as net cash from financing activities is:

A. $(25,000).

B. $30,000.

C. $80,000.

D. $75,000.

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