a. Net income was $480,000. b. Issued common stock for $78,000 cash. c. Paid cash dividend of $10,000. d. Paid $125,000 cash to settle a long-term notes payable at its $125,000 maturity value. e. Paid $115,000 cash to acquire its treasury stock. f. Purchased equipment for $91,000 cash. Use the above information to determine cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign.) Answer is complete but not entirely correct. Statement of Cash Flows (partial) Cash flows from financing activities Issued common stock $ 7,800 Paid cash dividend 10,000 Repaid long-term notes payable 125,000 Purchased treasury stock 115,000 Cash paid for equipment 91,000 Net cash provided by financing activities $ 348,800