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Using the information below, calculate net cash flows from financing activities. Net income Receive cash from issuing stock Pay cash for equipment Increase in accounts

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Using the information below, calculate net cash flows from financing activities. Net income Receive cash from issuing stock Pay cash for equipment Increase in accounts receivable Depreciation expense Increase in accounts payable Receive cash from sale of land Pay cash dividends $120,000 80,000 90,000 10,000 $ 30,000 5,000 75,000 20,000

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