At the beginning of the current year,a company issued stock for $100,000 and borrowed $50,000 from the bank.By the end of the year,the company had provided services of $80,000 for cash,paid employee salaries of $30,000,and paid utilities of $10,000.Determine the amount of financing cash flows the company will report in the current year.

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The Answer of At the beginning of the current year,a company issued stock for $100,000 and borrowed $50,000 from the bank.By the end of the year,the company had provided services of $80,000 for cash,paid employee salaries of $30,000,and paid utilities of $10,000.Determine the amount of financing cash flows the company will report in the current year.

At the Beginning of the Current Year,a Company Issued Stock