In 2019,Chen Corporation purchased treasury stock with a cost of $49,000.During the year,the company declared and paid dividends of $8000 and issued bonds payable for $1,100,000.Net cash provided by financing activities for 2019 is:

Question

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Issue Bonds Payable $1,100,000 -Dividends Paid $8000 - purchased Treasury Stock $49,000 = $1,043,000

In 2019,Chen Corporation Purchased Treasury Stock with a Cost of $49,000.During