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Brief Exercise 23-3 Sarasota Corporation had the following activities in 2017 1. Payment of accounts payable $817,000 2. Issuance of common stock $230,000 3. Payment
Brief Exercise 23-3 Sarasota Corporation had the following activities in 2017 1. Payment of accounts payable $817,000 2. Issuance of common stock $230,000 3. Payment of dividends $377,000 4. Collection of note receivable $97,000 5. Issuance of bonds payable $545,000 6. Purchase of treasury stock $42,000 Compute the amount Sarasota should report as net cash provided (used) by financing activities in its 2017 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).,) Net cash by financing activitiess
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