The following transactions occurred last year at Jackson Inc Issuance of common stock $ 80,000 Dividends paid to the company's shareholders 1,000 Depreciation Expense 4,000 Repayment of principal on bonds 60,000 Proceeds from sale of the company's used equipment 22,000 Purchase of land 140,000 Based solely on the above information, the net cash flows from financing activities for the year on the
statement cash flows would be:
A) $19,000.
B) $(120,000).
C) $(6,000).
D) $332,000.
A
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Fill in the blank(s) with the appropriate word(s).
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Answer the following statement true (T) or false (F)
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