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Vaughn Company issued common stock for proceeds of $386000 during 2020. The company paid dividends of $85000 and issued a long-term note payable for
Vaughn Company issued common stock for proceeds of $386000 during 2020. The company paid dividends of $85000 and issued a long-term note payable for $99000 in exchange for equipment during the year. The company also purchased treasury stock that had a cost of $20000. The financing section of the statement of cash flows will report net cash inflows of $301000. $281000. $366000. $491000.
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