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Sandhill World Corporation had the following activities in 2017. 1. Receipt on accounts receivable $1,553,000. 2. Purchase treasury stock $60,000. 3. Payment of dividends $183,000.

Sandhill World Corporation had the following activities in 2017.

1. Receipt on accounts receivable $1,553,000.
2. Purchase treasury stock $60,000.
3. Payment of dividends $183,000.
4. Purchase of equipment $86,000.
5. Redemption of bonds payable $258,000.
6. Issuance of preferred stock $305,000.

Compute the amount Sandhill World should report as net cash provided (used) by financing activities in its 2017 statement of cash flows. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

Net Cash select an option Provided or Used in Financing Activities $enter net cash in dollars

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