Reference no: EM132803273

Question - Flow Company has provided the following information for the year ended December 31.

Cash paid for interest, $23,500;

Cash paid for dividends, $6,700;

Cash dividends received, $4,700;

Cash proceeds from bank loan, $36,000;

Cash purchase of treasury stock, $14,500;

Cash paid for equipment purchase, $30,500;

Cash received from issuance of common stock, $40,500;

Cash received from sale of land with a $35,500 book value, $27,800;

Acquisition of land costing $54,500 in exchange for preferred stock issuance.

Payment of a $135,000 note payable by exchanging used machinery with a $80,500 book value and $135,000 fair value.

Required - How much was Flow's net cash flow from financing activities?