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Prepare the cash flows provided by financing activities

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Reference no: EM132104636

Question - Stevens Studios engaged in the following activities during the year:

Borrowed $49,300 from South World Bank

Declared and paid dividends on common stock of $15,200

Declared preferred stock dividends of $10,700

Repaid the $49,300 loan from South World Bank

Borrowed $102,900 from City Financial Group

Prepare the cash flows provided by financing activities section of Steven Studios' statement of cash flows.

Reference no: EM132104636

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