5)

Net income was $467,000. Issued common stock for $74,000 cash. Paid cash dividend of $15,000. Paid $105,000 cash to settle a long-term notes payable at its $105,000 maturity value. Paid $125,000 cash to acquire its treasury stock. Purchased equipment for $87,000 cash. Use the above information to determine cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign.)