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Dasher Builder's, Inc. shows the following as of December 31, 2012.
Sold available for sales securities for $650,000Acquired 50% of Elven Corp's common stock for $310000 cash which was borrowed from Peppermint's Bank.Issued 2,000 shares of its preferred stock for land having a fair value of $50,000Purchased a patent for $170,000 cashIssued 1,000 of its 12% debenture bonds, due 2017, for $225,000 cashPaid $130,000 toward bank loan.Recognized $79,000 net increase in returnable long term customer depositsDasher's net cash provided by financing activities for 2012 is (Points: 5)$614,000.$535,000.$484,000.$405,000.
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