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Determine cash flows from financing activities

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Reference no: EM133111564

Question - Given

1. Net income was $478,000.

2. Issued common stock for $72,000 cash.

3. Paid cash dividend of $12,000.

4. Paid $105,000 cash to settle a long-term notes payable at its $105,000 maturity value.

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

6. Purchased equipment for $93,000 cash.

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

Reference no: EM133111564

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