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Use the following information to calculate the net cash provided (inflow) or used by (outflow) from financing activities for the Lulu Corporation: (a) Net income,

Use the following information to calculate the net cash provided (inflow) or used by (outflow) from financing activities for the Lulu Corporation:

(a) Net income, $10,000

(b) Sold common stock for $25,000 cash

(c) Paid cash dividend of $13,000

(d) Repayment of bond payable, $36,000

(e) Purchased equipment for $15,000 cash

(f) Issued long term mortgage notes payable for $250,000 cash.

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