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Assume the following excerpts from a company's balance sheet: During the year, the company retired...

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Accounting

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Assume the following excerpts from a company's balance sheet: During the year, the company retired bonds payable of $50,000 and did not repurchase any of its common stock. If the company's net income for the year was $110,000, then the total amount of the cash inflows recorded in the financing activities section of the statement of cash flows would be: Multiple Choice $178,000. $203,000. $175,000. $128,000

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