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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

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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 Account Title Bonds payable Common stock Year 2 $216,900 373,900 Year 1 $300,600 277,600 Other information drawn from the accounting records: 1. Dividends paid during the period amounted to $33,800. 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 Statement of Cash Flows (Financing Activities) For the Year Ended December 31, Year 2 Cash flows from financing activities Cash flows from financing activities

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