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Wolverines Inc. reported an operating cash flow of $ 1 0 0 , 0 0 0 in 2 0 2 2 . Their net capital

Wolverines Inc. reported an operating cash flow of $100,000 in 2022. Their net capital spending was $10,000, and 2022 net working capital was $70,000 higher than 2021's NWC. If their cash flow to bondholders was $12,000 and their interest expense was $13,000, where did Wolverines obtain the financing for their dividend of $30,000? What was the amount of this financing?

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