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The balance sheets and some associated income statement data (all amounts are in dollars) for The Brazen Company for the years ending December 31, 2018

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The balance sheets and some associated income statement data (all amounts are in dollars) for The Brazen Company for the years ending December 31, 2018 and December 31, 2019 are presented in the tables below. Using this information, compute Net Cash Flows from Financing Activities for the company for 2019. Cash 40,000 Accounts receivable 240.000 Inventory 380,000 Total current assets 660,000 Gross fixed assets 1,560,000 (Accumulated depreciation) (300.000) Net fixed assets 1,260,000 Land 80.000 Total assets 2,000,000 42.960 257,760 408,120 708.840 1,675,440 (322.200) 1,353,240 85.920 2,148.000 Notes payable 60,000 64,440 Accounts payable 180,000 193,320 Accruals 20.000 21.480 Current portion of LT Debt 140.000 150.360 Total current liabilities 400,000 429,600 Long-term debt 440,000 472,560 Common stock 360,000 386,640 Paid in capital 100,000 107.400 Retained earnings 700.000 751,800 Total liabilities and equity 2,000,000 2,148,000 Additional Data from 2019 Income Statement: Sales in 2019 4,296,000 Net income in 2019 85,920 1) $73,580 Total liabilities and equity 2,000,000 2,148,000 Additional Data from 2019 Income Statement: Sales in 2019 4,296,000 Net income in 2019 85.920 01) $73,580 2) $56,310 3) $85,980 04) $47,280 5) $26,640

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