Miller Company purchased treasury stock with a cost of $15,000 during the current year.
During the year, the company paid dividends of $20,000 and issued bonds payable for proceeds of $816,000.
Cash flows from financing activities for the the year total:
a. $811,000 net cash inflow.
b.$5,000 net cash outflow.
c.$781,000 net cash inflow.
d.$796,000 net cash inflow.
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