Brief Exercise 23-2

Stansfield Corporation had the following activities in 2014.

1.		Payment of accounts payable $738,690		4.		Collection of note receivable $126,450
2.		Issuance of common stock $246,910		5.		Issuance of bonds payable $508,090
3.		Payment of dividends $384,870		6.		Purchase of treasury stock $44,360

Compute the amount Stansfield should report as net cash provided (used) by financing activities in its 2014 statement of cash flows. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)