Exercise 12-13A Determining cash flows from financing activities LO 12-4 The following accounts and corresponding balances were drawn from Dexter Company's Year 2 and Year 1 year-end balance sheets: Account Title Bonds payable Common stock Year 2 $216,700 376,200 Year 1 $301,100 277,000 Other information drawn from the accounting records: 1. Dividends paid during the period amounted to $34,400. 2. There were no bond liabilities issued during the period. Required a. Compute the amount of cash flow associated with the repayment of bond liabilities. Repayment of bond liability b. Compute the amount of cash flow associated with the issue of common stock. Common stock issued c. Prepare the financing activities section of the statement of cash flows. (Amounts to be deducted should be indicated with a minus sign.) DEXTER COMPANY 2. There were no bond liabilities issued during the period. Required a. Compute the amount of cash flow associated with the repayment of bond liabilities. Repayment of bond labait b. Compute the amount of cash flow associated with the issue of common stock Common stock issued c. Prepare the financing activities section of the statement of cash flows. (Amounts to be deducted should be indicated with a minus sign.) DEXTER COMPANY Statement of Cash Flows (Financing Activities) For the Year Ended December 31, Year 2 Cash flows from financing activities Cash flows from financing activities