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Use the following cash flow data of Haven Hardware for the year ended December 31, 2020: Cash Dividend $75,000 Purchase of Land $33,000 Cash Payment
Use the following cash flow data of Haven Hardware for the year ended December 31, 2020:
| Cash Dividend | $75,000 |
| Purchase of Land | $33,000 |
| Cash Payment on Interest | $30,000 |
| Cash Payment on Salaries | $95,000 |
| Sales of Equipment | $81,000 |
| Retirement of Common Stock | $55,000 |
| Purchase of Equipment | $65,000 |
| Cash Payments to Suppliers | $175,000 |
| Cash Collections from Customers | $525,000 |
| Cash at the Begninning of the year | $100,000 |
What is the net increase or decrease in cash for Haven Hardware for 2020?
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