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Use the following information to calculate the net cash provided or used by financing activities for the Brooks Corporation:
(a) Net income, $10,000
(b) Sold common stock for $4,000 cash
(c) Paid cash dividend of $3,000
(d) Paid bond payable, $8,000
(e) Purchased equipment for $12,000 cash
Whey
A liquid byproduct of cheese production, which is used in food products and supplements, especially for its protein content.
Income
The financial gain received by an individual or entity, typically measured per period, from work, investments, or business ventures.
Utility Function
A mathematical representation in economics that captures the level of satisfaction or happiness that consumers derive from consuming goods and services.
Price
The sum of money envisaged, obligatory, or handed over as compensation for something.
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