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QUESTION

Chicago Chemicals management identified the following cash flows as significant in its year end meeting with analysts.

Chicago Chemicals management identified the following cash flows as significant in its year end meeting with analysts. During the year, Chicago repaid an existing debt of $312,080 and raised additional debt capital in the amount of $650,000. It also repurchased stock in the open market for a total of $45,250. What is the net cash provided or used for financing for the year?

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