Exercise 12-8 (Algo) Indirect: Inferring net income from operating cash flows LO P2 Cain Company reports net cash provided by operating activities of $31,500. It also reports the following information under "Adjustments to reconcile net income to net cash provided by operating activities" on its statement of cash flows (using the indirect. methoof. Exercise 12-10 (Algo) Cash flows from financing activities LO P3 a. Net income was $476,000. b. Issued common stock for $75,000 cash. c. Paid cash dividend of $14,000. d. Paid $110,000 cash to settle a long-term notes payable at its $110,000 maturity value. e. Paid $121,000 cash to acquire its treasury stock. f. Purchased equipment for $90,000 cash. Use the above information to determine cash flows from financing activities: (Amounts to be deducted should be indicated with a minus sign.)