The following selected account balances are taken from the financial statements of Martinez Inc. at its calendar year end prepared using IFRS:

		2017		2016
Preferred shares classified as equity		$150,000		$150,000
Common shares: 9,000 shares in 2017, 10,000 shares in 2016		143,400		160,800
Contributed surplusreacquisition of common shares		3,200		0
Cash dividendspreferred		5,950		5,950
Stock dividendscommon		12,400		0
Retained earnings (balance after closing entries)		312,000		233,000

At December 31, 2017, the following information is available:

1.		Martinez Inc. repurchased 2,000 common shares during 2017. The repurchased shares had a weighted average cost of $34,100.
2.		During 2017, 1,000 common shares were issued as a stock dividend.
3.		Martinez Inc. chooses to classify dividends paid as financing activities.

Provide the necessary disclosure for all of Martinez Inc.s transactions on the statement of cash flows. Also state the section of the statement of cash flows in which each item is reported.

Martinez Inc.'s (Partial) Statement of Cash Flow Martinez Inc.'s (Partial) Statement of Cash Flow