Miller Company purchased treasury stock with a cost of $15,000 during the current year. During the year,

Question:

Miller Company purchased treasury stock with a cost of $15,000 during the current year. During the year, the company paid dividends of $20,000 and issued bonds payable for proceeds of $816,000. Cash flows from financing activities for the the year total

a. $811,000 net cash inflow.

b.$5,000 net cash outflow.

c.$781,000 net cash inflow.

d.$796,000 net cash inflow.

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