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The following T-account is a summary of the cash account of Blossom Company. Cash (Summary Form) Balance, Jan. 1 12,000 Receipts from customers 546,000 Payments
The following T-account is a summary of the cash account of Blossom Company. Cash (Summary Form) Balance, Jan. 1 12,000 Receipts from customers 546,000 Payments for goods 300,000 Dividends on stock investments 9,000 Payments for operating expenses 210,000 Proceeds from sale of equipment 54,000 Interest paid 15,000 Proceeds from issuance of Taxes paid 12,000 bonds payable 450,000 Dividends paid 60,000 Balance, Dec. 31 474,000 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 - signe.g. -15,000 or in parenthesis e.g. (15,000).) Net cash by financing activities $
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