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Stansfield Corporation had the following activities in 2014. 1. Payment of accounts payable $726,400 4. Collection of note receivable $140,040 2. Issuance of common stock
Stansfield Corporation had the following activities in 2014.
1. | Payment of accounts payable $726,400 | 4. | Collection of note receivable $140,040 | |||
2. | Issuance of common stock $256,750 | 5. | Issuance of bonds payable $525,640 | |||
3. | Payment of dividends $331,470 | 6. | Purchase of treasury stock $46,630 |
Compute the amount Stansfield should report as net cash provided (used) by financing activities in its 2014 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).)
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