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a. Net income was $471,000. b. Issued common stock for $79,000 cash. c. Paid cash dividend of $15,000. d. Paid $110,000 cash to settle a

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a. Net income was $471,000. b. Issued common stock for $79,000 cash. c. Paid cash dividend of $15,000. d. Paid $110,000 cash to settle a long-term notes payable at its $110,000 maturity value. e. Paid $121,000 cash to acquire its treasury stock. f. Purchased equipment for $90,000 cash. Use the above information to determine cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign.) Statement of Cash Flows (partial) Cash flows from financing activities Issued common stock Paid cash dividend Repaid long-term notes payable Purchased treasury stock Sale of treasury stock $ 0

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