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Skysong, Inc. purchased treasury stock with a cost of $43500 during 2017. During the year,...

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Accounting

Skysong, Inc. purchased treasury stock with a cost of $43500 during 2017. During the year, the company paid dividends of $15800 and issued bonds payable for proceeds of $692000. Cash flows from financing activities for 2017 total

a. $59300 net cash outflow.

b. $632700 net cash inflow.

c. $719700 net cash inflow.

d. $676200 net cash inflow.

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