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Instructions Tidwell Company experienced the following during 20X1: A. Sold preferred stock for $482,000. B. Declared dividends of $150,000 payable on March 1, 20X2. C.

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Instructions Tidwell Company experienced the following during 20X1: A. Sold preferred stock for $482,000. B. Declared dividends of $150,000 payable on March 1, 20X2. C. Borrowed $577,000 from a bank on a 2-year note. D. Purchased $75,000 of its own common stock to hold as treasury stock. E. Repaid 5-year bonds issued for $392,000 that mature and are due in December Required: Prepare the net cash from financing activities section of the statement of cash flows. Amount Descriptions and Labels Refer to the last below for the exact wording of an amount description within your Statement of Cash Flowe Amount Descriptions Labels Borrowed from bank Cash flow from financing activities Issued bonds Cash flows from investing activities Payment of dividende Purchased troturystock Rapad bank loan Retired bonds Sold preferred took Soldeur stock Nothrom financing activities ochromising activities Statement of Cash Flows (Partial Propare the net cash from facing activities section of the statement of cash flows. (Note: Use a minus sign to indicate any decreases in cash or cash outfows. Pater to the amount Descriptions is provided for the exact wording at the answer cholans for text entries.) Tidwel Company Statement of Cash Flows (Partial Your Ending December 31, 20x1 1 L 1

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