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a. Net income was $467,000. b. Issued common stock for $70,000 cash. 1:. Paid cash dividend of $18,000. d. Paid $125,000 cash to settle a
a. Net income was $467,000. b. Issued common stock for $70,000 cash. 1:. Paid cash dividend of $18,000. d. Paid $125,000 cash to settle a longterm notes payable at its $125,000 maturity value. e. Paid $121,000 cash to acquire its treasury stock. f. Purchased equipment for $95,000 cash. Use the above information to determine cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign.) Cash flows from nancing activities _
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