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Net income was $472,000. Issued common stock for $73,000 cash. Paid cash dividend of $12,000. Paid $100,000 cash to settle a note payable at its
Net income was $472,000. Issued common stock for $73,000 cash. Paid cash dividend of $12,000. Paid $100,000 cash to settle a note payable at its $100,000 maturity value. Paid $123,000 cash to acquire its treasury stock. Purchased equipment for $92,000 cash. Use the above information to determine this company's cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign.)
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