Question: Use the data given in S13- 5 for the Sherman Company to compute the following financing cash flows: a. New borrowing or payment of long-

Use the data given in S13- 5 for the Sherman Company to compute the following financing cash flows:
a. New borrowing or payment of long- term notes payable. Sherman Company had only one long- term note payable transaction during the year.
b. Issuance of or retirement of . The company had only one transaction during the year.
c. Payment of cash dividends (same as dividends declared).

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