Financing Activities on the Statement of Cash Flows

Takaki Inc. reported net income of $$53,000$ for $20$ Y $7.$ The liability and equity accounts from the company's comparative balance sheet are as follows:

During the year, the company declared dividends of $$4,000$ and issued $1,000$ shares of common stock for $$12$ per share.

Takaki Inc.

Statement of Cash Flows $($partial$)$

Cash flows from $($used for$)$ financing activities:

Cash received from issuing common stock $

Cash dividends

Net cash flows from financing activities