During the year, Lady Liberty Corporation's treasury stock increased $50,000

During the year, Lady Liberty Corporation's treasury stock increased $50,000

.During the year, Lady Liberty Corporation's treasury stock increased $50,000 from a cash purchase of stock, cash dividends were paid totaling $44,000 and the company reported net income of $200,000. Show your calculations and give the amount of Net Cash USED by Financing Activities on the statement of cash flows (indirect method).

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