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The Following Information Was Available for Trenton Inc How Much Did Trenton Spend on Dividends in 2014?
A)$50,000

Question 80

Multiple Choice

The following information was available for Trenton Inc.for the 2014 fiscal year.  Cash inflow from financing activities $1,350,000 Cash outflow from investing activities $1,625,000 Cash inflow from operations $750,000 Amount spent on capital expenditures $1,200,000 Free cash flow for the year ($500,000) \begin{array}{lr}\text { Cash inflow from financing activities } & \$ 1,350,000 \\\text { Cash outflow from investing activities } & \$ 1,625,000 \\\text { Cash inflow from operations } & \$ 750,000 \\\text { Amount spent on capital expenditures } & \$ 1,200,000\\\text { Free cash flow for the year }&(\$500,000) \end{array} How much did Trenton spend on dividends in 2014?


A) $50,000
B) $75,000
C) $375,000
D) $425,000

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