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1. 2. The following summary transactions occurred during the year for Marigold. Required: Calculate net cash flows from financing activities. (Amounts to be deducted should

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The following summary transactions occurred during the year for Marigold. Required: Calculate net cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign.) A-2-Z Design Services engaged in the following significant activities during the year: a. The company Issued common stock for $250,000. Management expects to use the proceeds to purchase land next year: b. A new office building was purchased by issuing a $700,000 long-term note payable to the seller. c. A-2-Z acquired equipment from one of its suppliers. In exchange, A-2-Z offers to provide design services to its supplier over the next two years. The services are valued at $90,000. Determine the impact of each transaction on cash flows from investing and financing octivities in the current year

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