Net income was $473,000.

Issued common stock for $72,000 cash.

Paid cash dividend of $18,000.

Paid $115,000 cash to settle a long-term notes payable at its $115,000 maturity value.

Paid $124,000 cash to acquire its treasury stock.

Purchased equipment for $88,000 cash.

Use the above information to determine cash flows from financing activities.

Note: Amounts to be deducted should be indicated with a minus sign.

Statement of Cash Flows (partial)

Cash flows from financing activities