a. Net income was $466,000. b. Issued common stock for $79,000 cash. c. Paid cash dividend of $18,000. d. Paid $120,000 cash to settle a long-term notes payable at its $120,000 maturity value. e. Paid $125,000 cash to acquire its treasury stock. f. Purchased equipment for $92,000 cash. Use the above information to determine cash flows from financing activities. (Amounts to be dedu minus sign.) Statement of Cash Flows (partial) Cash flows from financing activities Issued common stock $ Paid cash dividend 79,000 (18,000) 116,000 Sale of treasury stock Paid cash dividend (55,000): Net cash used in financing activities $ 122,000