Cash Flows from Financing Activities Murray Company earned net income of $450,000 in 20X2. Murray provided the following information: Murray Company Comparative Balance Sheets At December 31, 20X1 and 20x2 20X1 20X2 Bonds payable Mortgage payable Common stock Paid-in capital in excess of par 265,000 50,000 187,500 187,500 140,000 140,000 912,500 1,162,500 K Retained earnings Required: Compute the financing cash flows for the current year. Use a minus sign to indicate a cash outflow