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Waterway Corporation had the following activities in 2017 1. Payment of accounts payable $823,000 2. Issuance of common stock $269,000 3. Payment of dividends $381,000
Waterway Corporation had the following activities in 2017 1. Payment of accounts payable $823,000 2. Issuance of common stock $269,000 3. Payment of dividends $381,000 4. Collection of note receivable $94,000 5. Issuance of bonds payable $471,000 6. Purchase of treasury stock $43,000 Compute the amount Waterway should report as net cash provided (used) by financing activities in its 2017 statement of cash flows. (Show amounts that decrease cash flow with either a sign e.g. 15,000 or in parenthesis e.g. (15,000).)
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