Determine cash flows from financing activities

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Question - Cash flows from financing activities

a. Net income was $474,000.

b. Issued common stock for $76,000 cash.

c. Paid cash dividend of $11,000.

d. Paid $125,000 cash to settle a note payable at its $125,000 maturity value.

e. Paid $116,000 cash to acquire its treasury stock.

f. Purchased equipment for $89,000 cash.

Required - Use the above information to determine cash flows from financing activities.

Reference no: EM132573927

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