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Cash Flows from Financing ActivitiesNen Mexico, Inc., sold common stock for $560,000 and p...

Cash Flows from Financing Activities

Nen Mexico, Inc., sold common stock for $560,000 and preferred stock for $56,000 during the current year. In addition, the company purchased treasury stock for $47,000 and paid dividends on common and preferred stock for $24,000. Determine the amount of cash provided by or used for financing activities during the year.

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