This is precalc

3 On January 1, Year 1, Hardy Company had a balance of $116,000 in its Common Stock account. During Year 1, Hardy paid $34,600 to purchase treasury stock. Treasury stock is accounted for using the cost method. The balance in the Common Stock account on December 31, Year 1, was $143,500. Assume that the common stock is no par stock. 2 points Required a. Determine the cash inflow from the issue of common stock. eBook Common stock issued Hint Print References b. Prepare the financing activities section of the Year 1 statement of cash flows. (Amounts to be deducted should be indicated with a minus sign.) Cash flows from financing activities. Net cash flow from financing activities