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  3. prince charming corporation sold 8,500 shares of $

Prince Charming Corporation sold 8,500 shares of $15 par common stock for $28 per share....

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Accounting

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Prince Charming Corporation sold 8,500 shares of $15 par common stock for $28 per share. How would this transaction be reported on the statement of cash flows?
$238,000 cash payment from financing activities
$127,500 cash receipt from financing activities
$238,000 cash receipt from financing activities
$127,500 cash payment from operating activities
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