Exercise 12-8 Cash flows from financing activities LO P3 a. Net income was $468,000. b. Issued common stock for $74,000 cash. Paid cash dividend of $12,000. d. Paid $120,000 cash to settle a note payable at its $120.000 maturity value. e. Paid $117,000 cash to acquire its treasury stock. f. Purchased equipment for $95,000 cash Use the above information to determine this company's cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign.)