The account balance information for Punch Company at the end of 201 6 and 2013'1 and related 201? activities are presented below: Ell-Dec liabilities :1 Equity: 201? 2016 Account Payable S 250,000 $ 230,000 Deferred Tax Liability, noncurren't 5 80,000 $ 60,000 Bonds Payable, long term 5 500,000 5 200,000 Common Stock, 51 par 5 110,000 5 80,000 Additional Paid in Capital 5 423,000 $ 130,000 Retained Earnings S 420,000 5 390,000 Total Liabilities and Equity 5 1,833,000 5 1,090,000 additional information 'for 201?Ir activities: - Bonds payable in the amount of 5125.000 were converted into 12.000 shares of common stock. - Additional common stock was issued for cash of $11 per share. - The only changes in retained earnings in 201? were a result of net income and cash dividends. - Other than the bond conversion. the only transaction affecting bonds payable during 201? was the issue for cash at face value of new bonds payable. - Net income for the year 201? was $200,000. Required: Compute the net cash provided by financing activities forthe Punch Company using the visual inspection method