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Use the above information to determine cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign.) a) Net income

Use the above information to determine cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign.)

a) Net income was $480,000

b) Issued common stock for $72,000 cash

c) Paid cash dividend of $12,000

d) Paid $110,000 cash to settle a note payable at its $110,000 maturity value

e) Paid $116,000 cash to acquire its treasury stock

f) Purchased equipment for $90,000 cash

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