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The following T-account is a summary of the Cash account of Cuellar Company. Cash (Summary Form) Balance, Jan. 1 7,200 Receipts from customers 362,600 Payments
The following T-account is a summary of the Cash account of Cuellar Company.
Cash (Summary Form) | |||
Balance, Jan. 1 | 7,200 | ||
Receipts from customers | 362,600 | Payments for goods | 230,600 |
Dividends on stock investments | 6,700 | Payments for operating expenses | 140,000 |
Proceeds from sale of equipment | 35,300 | Interest paid | 11,700 |
Proceeds from issuance of | Taxes paid | 7,100 | |
bonds payable | 500,900 | Dividends paid | 59,800 |
Balance, Dec. 31 | 463,500 |
| |
What amount of net cash provided (used) by financing activities should be reported in the statement of cash flows? Net Cash ___ by financing activities $___. |
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