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The following T-account is a summary of the Cash account of Pearl Company. Cash (Summary Form) 22,400 Balance, Jan. 1 Receipts from customers Dividends
The following T-account is a summary of the Cash account of Pearl Company. Cash (Summary Form) 22,400 Balance, Jan. 1 Receipts from customers Dividends on stock investments 1,019,200 Payments for goods 560,000 16,800 Payments for operating expenses 392,000 Proceeds from sale of equipment Proceeds from issuance of 100,800 Interest paid Taxes paid 28,000 22,400 bonds payable Balance, Dec. 31 840,000 Dividends paid 884,800 112,000 What amount of net cash provided (used) by financing activities should be reported in the statement of cash flows? (Sh decrease cash flow with either a-sign eg. -15,000 or in parenthesis eg. (15,000).) Net cash by financing activities $
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