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a. Net income was $476,000. b. Issued common stock for $72,000 cash. c Paid cash dividend of $15,000. d. Paid $105,000 cash to settle a

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a. Net income was $476,000. b. Issued common stock for $72,000 cash. c Paid cash dividend of $15,000. d. Paid $105,000 cash to settle a note payable at its $105,000 maturity value. e. Paid $117,000 cash to acquire its treasury stock f. Purchased equipment for $89,000 cash. Use the above information to determine this company's cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign.) Cash flows from financing activities Purchased treasury stock Paid cash dividend Repaid note payable Sale of common stock $ 72,000 (15,000) (105,000) $(48,000)

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