On January 1, Year 1, Franklin Company had a balance of $104,500 in its Common Stock account. During Year 1, Franklin paid $33,700 to purchase treasury stock. Treasury stock is accounted for using the cost method. The balance in the Common Stock account on December 31, Year 1, was $144,500 Assume that the common stock is no par stock Required a. Determine the cash inflow from the issue of common stock b. Prepare the financing activities section of the Year 1 statement of cash flows Complete this question by entering your answers in the tabs below. Required A Required B Determine the cash inflow from the issue of common stock. Common stock issued Requred & Required 8 >