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Assignment -Brief Exercise-515 RCES Pharoah Corporation engaged in the following cash transactions during 2017. STMT Sale of land and building Purchase of treasury stock Purchase

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Assignment -Brief Exercise-515 RCES Pharoah Corporation engaged in the following cash transactions during 2017. STMT Sale of land and building Purchase of treasury stock Purchase of land Payment of cash dividend Purchase of equipment Issuance of common stock Retirement of bonds $181,200 46,500 46,200 87,800 57,400 149,300 108,500 rt t Level t Level Compute the net cash used (provided) by financing activities. (Show amounts that decrease cash flo PHAROAH CORPORATION Statement of Cash Flows (Partial) Study For the Year Ended December 31, 2017 Cash Flows from Financing Activities Payment of Cash Dividend 87,800 Issuance of Common Stockv Purchase of Treasury Stock Retirement of Bonds Net Cash Provided by Financing Activities 149,300

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