Reference no: EM132727952
Husky Company has provided the following information for its most recent year of operation:
Cash collected from customers totaled $91,000.
Cash borrowed from banks totaled $35,100.
Cash paid to employees for salaries totaled $33,800.
Cash received from selling Husky common stock to stockholders totaled $58,000.
Cash payments to banks for repayment of money borrowed totaled $9,200.
Cash paid to suppliers totaled $14,200.
Land costing $36,000 was sold for $36,000 cash.
Cash paid for dividends to stockholders totaled $5,000.
Problem 1: How much was Husky's cash flow from financing activities?
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