Question: Alcan Inc. takes out a long - term note for $ 3 0 0 , 0 0 0 , with which they will purchase a

Alcan Inc. takes out a long-term note for $300,000, with which they will purchase a new machine to make aluminum cans. They issued and sold stock for a total of $50,000. Alcan paid cash dividends of $30,000 and sold investments of $70,000.
What is Alcans net cash flow from financing activities?
$150,000
$320,000
$290,000
$450,000

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