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The following transactions occurred last year at Jogger Company: Issuance of shares of the company's own common stock -------- $110,000 Dividends paid to the company's

The following transactions occurred last year at Jogger Company:

Issuance of shares of the company's own common stock -------- $110,000

Dividends paid to the company's own shareholders -------------- $3,000

Sale of long-term investment ---------------------------------------- $4,000

Interest paid to lenders ----------------------------------------------- $8,000

Retirement of the company's own bonds payable ---------------- $100,000

Proceeds from sale of the company's used equipment ----------- $29,000

Purchase of new equipment ------------------------------------------ $170,000

Based solely on the above information, the net cash provided by financing activities for the year on the statement of cash flows would be:

a.

$424,000

b.

($138,000)

c.

($1,000)

d.

$7,000

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