In Sunland Company, Treasury Stock increased $20600 from a cash purchase, and Retained Earnings increased...

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Accounting

In Sunland Company, Treasury Stock increased $20600 from a cash purchase, and Retained Earnings increased $80300 as a result of net income of $120500 and cash kividends paid of $40200. Net cash used by financing activities is
$19600.
$60800.
$120500.
$40200.
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