The following transactions occurred for That Old Company Inc. at the end of the year:

Net Income for the year was $54,000. Depreciation Expense was $18,000.

1,600 shares of Common Stock were issued for $30 per share in cash.

Paid 18,000 towards a note payable. No new notes were signed this year.

Purchased office equipment for $5,250 in cash.

Cash dividends were paid this year. Beginning retained earnings was $175,000 and ending Retained Earnings was $219,000.

Work through your calculations for each transaction and prepare the financing section of the statement of cash flows

Cash Flows from Financing Activities:
Net Cash Provided by Financing ActivitiesNet Cash Used by Financing Activities