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Determining Net Cash Flow from Financing Activities Madison Company reported the following information: Notes payable Common stock Retained earnings 12/31/2023 12/31/2022 $95,000 $75,000 120,000 80,000

Determining Net Cash Flow from Financing Activities Madison Company reported the following information: Notes payable Common stock Retained earnings 12/31/2023 12/31/2022 $95,000 $75,000 120,000 80,000 20,000 36,000 Madison reported net income of $26,000 for the year ended December 31. In addition, Madison repaid $35,000 of the notes payable during the year. Required

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