Diaz

Diaz Company had the following comparative balance sheet information at the end of Year 2 and Year I: ve Balance plant Total Accoun t s payable Bo n d s payable Re Total 165, 11, gee 73, (15, S 311,eaa 31, gea 141, gee 59, gea S 311,eaa S 31, gea S 23, gea 157 , S 17, sea 48, 288 58, 288 S 233, 288 S 19, gea 121, gea 35, gea S 233,288 Diaz reported net income for Year 2 of $41,800 There were no sales or disposals of property, plant, and equipment during the year. Diaz uses the indirect method to prepare the statement of cash flows. Required: Calculate Diaz's cash flow from financing activities for Year 2. Note: Enter cash outflows with a minus sign.