BC Co. provided the following information on selected transactions during 2021: Proceeds from issuing preference share 300,000 Proceeds from sale of equipment 400,000 Purchase of land by issuing bonds 250,000 Proceeds from issuing bonds 500,000 Purchases of inventory 900,000 Purchases of treasury shares 150,000 Loans made to affiliated corporations 350,000 Dividends paid to preference shareholders 100,000 Collections from customers -- 2,500,000 Operating expenses paid ----- 500,000 The net cash provided by Operating activities during 2021 is
BC Co. provided the following information on selected transactions during 2021:
Proceeds from issuing
Proceeds from sale of equipment 400,000
Purchase of land by issuing bonds 250,000
Proceeds from issuing bonds 500,000
Purchases of inventory 900,000
Purchases of treasury shares 150,000
Loans made to affiliated corporations 350,000
Dividends paid to preference shareholders 100,000
Collections from customers -- 2,500,000
Operating expenses paid ----- 500,000
The net cash provided by Operating activities during 2021 is
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