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The following T-account is a summary of the Cash account of Sunland Company. Balance, Jan. 1 Receipts from customers Dividends on stock investments Proceeds from
The following T-account is a summary of the Cash account of Sunland Company. Balance, Jan. 1 Receipts from customers Dividends on stock investments Proceeds from sale of equipment Proceeds from issuance of bonds payable Balance, Dec. 31 Cash (Summary Form) 7,600 363,800 Net cash 6,300 Payments for goods Payments for operating expenses 36,600 Interest paid 499,800 Taxes paid 481,200 Dividends paid 211,400 by financing activities $ 140,900 11,900 8,000 What amount of net cash provided (used) by financing activities should be reported in the statement of cash flows? (Show amount that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) 60,700
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