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Vaughn Manufacturing issued common stock for proceeds of $569000 during 2017. The company paid dividends of $101000 and issued a long-term note payable for $383000
Vaughn Manufacturing issued common stock for proceeds of $569000 during 2017. The company paid dividends of $101000 and issued a long-term note payable for $383000 in exchange for equipment during the year. The company also purchased treasury stock that had a cost of $83000. The financing section of the statement of cash flows will report net cash inflows of
$768000. $851000. $468000. $385000.
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