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Stansfield Corporation had the following activities in 2025. Payment of accounts payable $770,000. Issuance of common stock $250,000. Payment of dividends $350,000. Collection of note
"Stansfield Corporation had the following activities in 2025. Payment of accounts payable $770,000. Issuance of common stock $250,000. Payment of dividends $350,000. Collection of note receivable $100,000. Issuance of bonds payable $510,000. Purchase of treasury stock $46,000. Compute the amount Stansfield should report as net cash provided (used) by financing activities in its 2025 statement of cash flows."
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