Use the following information to calculate the net cash provided or used by financing activities. (a) Paid $28,000 cash to settle long-term notes payable at its $28,000 maturity value. (b) Acquired machinery for $12,000 cash. (c) Paid cash dividend of $13,000. (d) Net income was $10,000. (e) Issued common stock for $40,000 cash. Statement of Cash Flows (partial) Cash flows from financing activities Cash received from issuance of common stock $ 40,000 Cash paid to settle long-term notes payable (28,000) Cash paid for dividend (13,000) Net cash provided by financing activities $ (1,000)