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The following T-account is a summary of the cash account of Pearl Industries. Cash (Summary Form) Balance, Jan. 1 22,400 Receipts from customers 1,019,200 Payments

The following T-account is a summary of the cash account of Pearl Industries.

Cash (Summary Form)

Balance, Jan. 1

22,400

Receipts from customers

1,019,200

Payments for goods

560,000

Dividends on stock investments

16,800

Payments for operating expenses

32,000

Proceeds from sale of equipment

100,800

Interest paid

28,000

Proceeds from issuance of Taxes paid

22,400

bonds payable

840,000

Dividends paid

112,000

Balance, Dec. 31

884,800

What amount of net cash provided (used) by financing activities should be reported in the statement of cash flows? (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

Net cash _____ choose provided or used.

by financing activities$enter a dollar amount _____

Net cash choose provided or used

providedused

by financing activities
$enter a dollar amount

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