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Compute the amount Pronghorn should report

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Question - Pronghorn Corporation had the following activities in 2017.

Payment of accounts payable $736,000, Collection of note receivable $91,000, Issuance of common stock $259,000, .Issuance of bonds payable $492,000, Payment of dividends $369,000, Purchase of treasury stock $50,000.

Compute the amount Pronghorn should report as net cash provided (used) by financing activities in its 2017 statement of cash flows.

Reference no: EM132482914

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