a. Net income was $469,000.
b. Issued common stock for $79,000 cash.
c. Paid cash dividend of $11,000.
d. Paid $110,000 cash to settle a long-term notes payable at its $110,000 maturity value.
e. Paid $119,000 cash to acquire its treasury stock.
£ Purchased equipment for $85,000 cash.
Use the above information to determine cash flows from financing activities. (Amounts to be deducted should be indicated with a
minus sign.)
Statement of Cash Flows (partial)
Cash flows from financing activities