Exercise 12-9 Cash flows from financing activities LO P3 a. Net income was $480,000. b. Issued common stock for $72,000 cash. c. Paid cash dividend of $15,000. d. Paid $110,000 cash to settle a note payable at its $110,000 maturity value. e. Paid $115,000 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.) Statement of Cash Flows (partial) Cash flows from financing activities