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Prepare the financing activities section

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Question - On January 1, 2020, Carla Creek Corporation had a balance of $620,000 in its retained earnings account, and $421,000 in common shares. During the year, the company earned net income of $146,000. The December 31, 2020 balance for retained earnings showed $722,000, and for common shares was $502,000. There were no dividends unpaid at the beginning or the end of the year. Prepare the financing activities section of Carla Creek's statement of cash flows.

Reference no: EM133071094

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