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Assume the following balance sheet information at December 31, 2018:
|
2018 |
2017 |
|
|
Mortgage payable |
$2,000 |
$1,600 |
|
Preferred shares |
1,300 |
800 |
|
Common shares |
200 |
150 |
There were no income statement transactions during the year.
Required: Calculate the cash provided by financing activities.
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