The print shown on Turner Classic Movies, from Sony's archives, displays title credits which were modernized and re-designed in 1938 for a re-release that took place only after several minutes worth of deletions were made to meet the standards of the Production Code, which was more rigorously enforced starting in 1934. These revised title credits also display a Production Code Certificate of Approval 4749-R indicating a re-release, so some further trimming most definitely may have occurred.
The $5,000 to pay off Kitty equates to over $108,000 in 2022.
Even the original movie in 1932 had sequences deleted in Columbia's attempt to gain a seal of approval from the Hays office. "Variety" noted in its review of 5 April 1932 that there were sections "that do not blend into the story smoothly, sequences that hang in the air lacking background and significance as though passages depending on them had been deleted."
After a full-screen newspaper headline that reads "KITTY LANE NAMED IN DIVORCE SUIT" we see Barbara Stanwyck holding a different newspaper that reads "FATAL FALL CLIMAXES FATAL DIVORCE RAID" but no mention is made of such an incident at any time, so this must have been one of the deleted sequences.
The college campus shown after Kitty leaves the mining camp is the University of California Los Angeles (UCLA). The large buildings seen were three years old or less when the movie was released in 1932.