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Yi Company began operations on January 1, 2013. During 2013, the company engaged in the following cash transactions: 1) issued stock for $78,000 2) borrowed

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Yi Company began operations on January 1, 2013. During 2013, the company engaged in the following cash transactions: 1) issued stock for $78,000 2) borrowed $44,000 from its bank 3) provided consulting services for $76,000 4) paid back $34,000 of the bank loan 5) paid rent expense for $18,500 6) purchased equipment costing $31,000 7) paid $4.900 dividends to stockholders 8) paid employees' salaries, $40,000 What is Yi's net cash flow from investing activities? Multiple Choice Outflow of $31.000 Inflow of $47.000

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