During 2010, Arizona Company issued $500,000 in long-term bonds at 96, repaid $75,000 of bonds at face
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During 2010, Arizona Company issued $500,000 in long-term bonds at 96, repaid $75,000 of bonds at face value, paid interest of $40,000, and paid dividends of $25,000. Prepare the cash flows from the financing activities section of the statement of cash flows.
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