Stansfield Corporation had the following activities in 2015. 1. Payment of accounts payable 770,000. 4. Collection of

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Stansfield Corporation had the following activities in 2015.

1. Payment of accounts payable €770,000. 4. Collection of note receivable €100,000.

2. Issuance of ordinary shares €250,000. 5. Issuance of bonds payable €510,000.

3. Payment of dividends €350,000. 6. Purchase of treasury shares €46,000.

Compute the amount Stansfield should report as net cash provided (used) by financing activities in its 2015 statement of cash flows.

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