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The following T-account is a summary of the Cash account of Marigold Corp.. Balance, Jan. 1 Receipts from customers 369,100 Payments for goods Dividends on
The following T-account is a summary of the Cash account of Marigold Corp.. Balance, Jan. 1 Receipts from customers 369,100 Payments for goods Dividends on stock investments 5,400 Payments for operating expenses 141,000 Proceeds from sale of equipment 35,900 Interest paid 11,500 Proceeds from issuance of bonds payable 500,900 Taxes paid Dividends paid Balance, Dec. 31 Cash (Summary Form) Net cash 7,400 454,500 242,000 by financing activities 8,700 What amount of net cash provided (used) by financing activities should be reported in the statement of cash flows? (Show amou decrease cash flow with either a-sign e.g. -15,000 or in parenthesis e.g. (15,000).) 61,000
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