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QUESTION
Net income was $479,000. Issued common stock for $79,000 cash. Paid cash dividend of $13,000. Paid $100,000 cash to settle a note payable at its...
- Net income was $479,000.
- Issued common stock for $79,000 cash.
- Paid cash dividend of $13,000.
- Paid $100,000 cash to settle a note payable at its $100,000 maturity value.
- Paid $117,000 cash to acquire its treasury stock.
- Purchased equipment for $86,000 cash.
Use the above information to determine this company's cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign.)
