Using the information for the Melville Corporation above, calculate the cash flow from financing activities.

Use the following information regarding the Melville Corporation

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Accounts payable increase... Accounts receivable increase. Accrued liabilities decrease Amortization expense.. Cash balance, January 1 Cash balance, December 31 $12,000 4,000 5,000 7,000 22,000 23,000 Cash paid as dividends 31,000 Cash paid to purchase land 90,000 Cash paid to retire bonds payable at par. 60,000 Cash received from issuance of common stock. 37,000 Cash received from sale of equipment... 19,000 Depreciation expense.. 29,000 Gain on sale of equipment. 4,000 Inventory decrease. Net income.. Prepaid expenses increase 13,000 80,000 2,000