Question 21 Madison Company had the following cash transactions: Payment for wages $1,000 Inventory sold $17,000 Sold equipment $8,000 Paid cash dividends $10,000 Bought land $80,000 Sold a building $50,000 Issued bonds $18,000 Issued stock $20,000 Paid interest $2,000 Paid principal amount of a long term loan $15,000 S What would the cash inflows (outflows) from financing activities be? $13,000 $63,000 $11,000 ($22,000)