Question: Arrow Printers paid $2,000 interest on short-term notes payable, $10,000 interest on long-term bonds, and $6,000 in dividends on its common stock. Arrow would report

 Arrow Printers paid $2,000 interest on short-term notes payable, $10,000 interest

Arrow Printers paid $2,000 interest on short-term notes payable, $10,000 interest on long-term bonds, and $6,000 in dividends on its common stock. Arrow would report cash outflows from activities, as follows: Operating, $2,000; Financing $16,000. Operating, $0; Financing $18,000. Operating, $12,000; Financing $6,000. Operating, $18,000; Financing $0

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