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Brief Exercise 17-3 The following T-account is a summary of the Cash account of Cuellar Company.

Cash (Summary Form)
Balance, Jan. 1 7,200    
Receipts from customers 362,600 Payments for goods 230,600
Dividends on stock investments 6,700 Payments for operating expenses 140,000
Proceeds from sale of equipment 35,300 Interest paid 11,700
Proceeds from issuance of   Taxes paid 7,100
    bonds payable 500,900 Dividends paid 59,800
Balance, Dec. 31 463,500    

What amount of net cash provided (used) by financing activities should be reported in the statement of cash flows? (Show amount that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

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