Cash Flows from Financing Activities

Hayashi, Inc. earned net income of $450,000 in 20X2. Hayashi provided the following information:

Hayashi, Inc. Comparative Balance Sheets At December 31, 20X1 and 20X2
	20X1	20X2
Bonds payable	$	255,000
Mortgage payable	50,000
Common stock	187,500	187,500
Paid-in capital in excess of par	140,000	140,000
Retained earnings	912,500	1,162,500

Required:

Compute the financing cash flows for the current year. Use a minus sign to indicate a cash outflow.