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Use the following information to calculate the net cash provided (inflow) or used by (outflow) from financing activities for the Lulu Corporation: (a) Net income,

Use the following information to calculate the net cash provided (inflow) or used by (outflow) from financing activities for the Lulu Corporation:

(a) Net income, $12,000

(b) Sold common stock for $44,000 cash

(c) Paid cash dividend of $15,000

(d) Repayment of bond payable, $26,000

(e) Purchased equipment for $12,000 cash

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