The following accounts and corresponding balances were drawn from Cushing Company's 2017 and 2016 year-end balance sheets:
Account Title 2017 2016
Bonds payable... $200,000...... $150,000
Common stock.... 650,000........ 400,000
Other information drawn from the accounting records:
1. Dividends paid during the period amounted to $50,000.
2. There were no bond liabilities repaid during the period.
Required
a. Compute the amount of cash flow associated with the issue of bond liabilities.
b. Compute the amount of cash flow associated with the issue of common stock.
c. Prepare the financing activities section of the statement of cash flows.