During January, Your Company engaged in the following cash transactions: 1) issued stock for $40,000...
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Accounting
During January, Your Company engaged in the following cash transactions: 1) issued stock for $40,000 2) provided services for $35,000 cash 3) borrowed $25,000 from its bank 4) paid $2,000 dividends to stockholders 5) paid $7,000 for supplies 6) paid $3,000 for this month's rent 7) paid back $8,000 of the bank loan 8) paid $5,000 for employees' salaries for January What is the net cash inflow from financing activities for January? $75,000 $73,000 $55,000 $38,000 $59,000

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