Exercise 12-9 Cash flows from financing activities LO P3

1. Net income was $477,000.
2. Issued common stock for $73,000 cash.
3. Paid cash dividend of $15,000.
4. Paid $125,000 cash to settle a note payable at its $125,000 maturity value.
5. Paid $116,000 cash to acquire its treasury stock.
6. Purchased equipment for $94,000 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