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What is the amount of cash used by financing activities for Jarvis, Inc. for the year ended December 31, 2011? Question Details Jarvis, Inc. reported

What is the amount of cash used by financing activities for Jarvis, Inc. for the year ended December 31, 2011? Question Details Jarvis, Inc. reported net income of $34,000 for the year ended December 31, 2011. Included in net income was a gain on early extinguishment of debt of $60,000 related to bonds payable with a book value of $1,200,000. Each of the following accounts increased during 2011: Notes receivable $45,000 Deferred tax liability $10,000 Treasury stock $90,000 What is the amount of cash used by financing activities for Jarvis, Inc. for the year ended December 31, 2011

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