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Stansfield Corporation had the following activities in 2012. 1. Payment of accounts payable $796,100 2. Issuance of common stock $294,500 3. Payment of dividends $300,600
Stansfield Corporation had the following activities in 2012. 1. Payment of accounts payable $796,100 2. Issuance of common stock $294,500 3. Payment of dividends $300,600 4. Collection of note receivable $104,200 5. Issuance of bonds payable $533,500 6. Purchase of treasury stock $47,100 Compute the amount Stansfield should report as net cash provided (used) by financing activities in its 2012 statement of cash flows
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