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The following information shows the changes in Mexican pesos of the balance sheet accounts of the company La Nortea at December 31 2014 compared to

The following information shows the changes in Mexican pesos of the balance sheet accounts of the company La Nortea at December 31 2014 compared to year 2013 .

In pesos mexicanos (MXP$)

IVA Receivable

($13,000)

Suppliers A/P payable

$27,000

Clients A/R receivables

($70,000)

Taxes payable

($1,000)

Advances from customers

($10,000)

Building

$100,000

Capital stock

$12,000

Bank loan L.T.

$140,000

Inventories

$90,000

Unearned Sales

($16,000)

Office equipment

$35,000

Rents paid in advance

$7,000

Franchise

$14,000

Accumulated Amortization

$10,000

Accumulated Depreciation

$1,500

Bonds payable > 1 Year

($65,000)

Reserve for expansion

$6,000

Premium on Stock

$9,000

Additional company information in Mexican pesos ( MXP $ ):
 
Net income for 2014

$83,000

Retained Earnings 31 December 2014

$114,000

Retained Earnings on December 31, 2013

$55,000

Calculate the Financing Cash flow in $ ?

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