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The following transactions occurred at the Indiana Company in 2016 1. Holders of $200,000 par-value 7 percent bonds surrendered the bonds for redemption and were

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The following transactions occurred at the Indiana Company in 2016 1. Holders of $200,000 par-value 7 percent bonds surrendered the bonds for redemption and were paid $206,000 in cash The unamortized discount on these bonds as of the date of redemption was $1,600. 2. Cash interest of $33,700 was paid on bonds during the year. The bond discount amortized was $400. 3. Cash dividends of $50,000 were paid on common stock during the year. Compute the company's net cash flow from financing activities for the year

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