If you could explain, that would be great. Thank you.

The balance sheet data or vaughn Manufacturing at the end of 2018 and 2017 follow 2017 Accounts receivable (net) Prepaid axpenses Accumu lated depreclation-bulildings and equlpment Totals 5000 035000 Accournts parable Accrued expensas Notes payable-bank, long-term Mortgage payable Common stock, $10 par Retained earnings (deficit] 1000 51000) Land was acquired or $2 20 0 m change or com man stock par $ 19 during the vear; all equp ment purchased was or cash. Equ ment costing $240D was sold ar $8D ; bao valu a the quipment was S170 and the loss was reparted as an ordinary Item In net incame. Cash dividends of $28000 wre chaged to retained earnings and paid during the year; the transfer of net income to retained earnings was the only other entry in the Retained Farnings account. In the statement af cash flows for the year ended December 31 2018, for Vaughn Manufacturing: The net cash provided (used) by financing activities was