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Business, 20.03.2020 06:29 moonlightparis9015

During 2018, Bramble Corp. had the following activities related to its financial operations: Carrying value of convertible preferred stock in Bramble, converted into common shares of Bramble $ 539000 Payment in 2018 of cash dividend declared in 2017 to preferred shareholders 279000 Payment for the early retirement of long-term bonds payable (carrying amount $3928000) 3973000 Proceeds from the sale of treasury stock (on books at cost of $387,000) 450,000The amount of net cash used in financing activities to appear in Stout's statement of cash flows for 2018 should beA) $2,985,000.B) $3,264,000.C) $3,804,000.D) $3,822,000.

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