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The following summary transactions occurred during the year for Daisy. Required: Calculate net cash flows from financing activities. ( Amounts to be deducted should be

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The following summary transactions occurred during the year for Daisy.
Required:
Calculate net cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign.)The following summary transactions occurred during the year for Daisy.
Cash received from:
Collections from customers $383,000
Interest on notes receivable 7,500
Collection of notes receivable 53,000
Sale of investments 33,000
Issuance of notes payable 103,000
Cash paid for:
Purchase of inventory 163,000
Interest on notes payable 6,500
Purchase of equipment 88,000
Salaries to employees 93,000
Payment of notes payable 26,500
Dividends to shareholders 1,000
Required:
Calculate net cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign.)
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