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Vaughn Company issued common stock for proceeds of $386000 during 2019. The company paid dividends of $85000 and issued a long-term note payable for $99000

Vaughn Company issued common stock for proceeds of $386000 during 2019. 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

$366000.

$281000.

$301000.

$491000.

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