4. %24 Kingbird World Corporation had the following activities in 2017. 1. Receipt on accounts receivable $1,622,000. 2. Purchase treasury stock $64,000. 3. Payment of dividends $169,000. Purchase of equipment $84,000. 5. Redemption of bonds payable $235,000. 6. Issuance of preferred stock $296,000. Compute the amount Kingbird World should report as net cash provided (used) by financing activities in its 2017 statement of cash flows. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Net Cash Used v in Financing Activities

Kingbird World Corporation had the following activities in 2017. 1. 2. 3. Receipt on accounts receivable $1,622,000. Purchase treasury stock $64,000. Payment of dividends $169,000. Purchase of equipment $84,000. Redemption of bonds payable $235,000. Issuance of preferred stock $296,000. 4. 5. 6. Compute the amount Kingbird World should report as net cash provided (used) by financing activities in its 2017 statement of cash flows. (Show amounts that decrease cash flow with either a-sign e g. -15,000 or in parenthesis e.g. (15,000).) Net Cash Used in Financing Activities