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Net income was dollar 472,000. Issued common stock for dollar 77,000 cash. Paid cash dividend of dollar 10,000. Paid dollar 105,000 cash to settle a
Net income was dollar 472,000. Issued common stock for dollar 77,000 cash. Paid cash dividend of dollar 10,000. Paid dollar 105,000 cash to settle a note payable at its dollar 105,000 maturity value. Paid dollar 118,000 cash to acquire its treasury stock. Purchased equipment for dollar 85,000 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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