Ayayai Corp. issued 18800 shares of $1 par common stock for $40 per share during 2022. The company paid dividends of $45000 and issued long-term notes payable of $414000 during the year. What amount of cash flows from financing activities will be reported on the statement of cash flows?

$663000 net cash outflow.

$12000 net cash inflow.

$331000 net cash inflow.

$1121000 net cash inflow.

Answer rating: 100% (QA)

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