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Question - Cash flows from financing activities
a. Net income was $474,000.
b. Issued common stock for $76,000 cash.
c. Paid cash dividend of $11,000.
d. Paid $125,000 cash to settle a note payable at its $125,000 maturity value.
e. Paid $116,000 cash to acquire its treasury stock.
f. Purchased equipment for $89,000 cash.
Required - Use the above information to determine cash flows from financing activities.
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