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Using the indirect method to prepare the statement of cash flows, Smith Company issued additional common stock for $31,000 cash and paid cash dividends

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Using the indirect method to prepare the statement of cash flows, Smith Company issued additional common stock for $31,000 cash and paid cash dividends of $2,000. They also paid $25,000 cash to retire a note payable. The net cash flows provided by / used for financing activities is OA. $4,000 B. $(4,000) OC. $(54,000) OD. $54,000

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