Use the Carolina Company data in E10-37A to show how the company reported cash flows from financing activities during 2018 (the current year).

Data from E10-37A

Carolina Company included the following items in its financial statements for 2018, the current year (amounts in millions):

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Payment of long-term debt.. Proceeds from issuance of common stock. Total liabilities: Current year-end.. Preceding year-end .. Total stockholders' equity: Current year-end. Preceding year-end... Long-term liabilities. Dividends paid . Net sales: Current year. Preceding year. Net income: Current year.. Preceding year. Operating income: Current year.. Preceding year. $17,100 $ 215 60,000 8,500 92,000 ..******.. 32,319 38,023 2,200 2,005 23,479 14,033 6,585 4,880 4,006 ..... ..