Question: 2. Exercise 12-9 Cash flows from financing activities LO P3 olnts a. Net income was $35,000. b. Issued common stock for $64,000 cash. c. Paid

2. Exercise 12-9 Cash flows from financing activities LO P3 olnts

2. Exercise 12-9 Cash flows from financing activities LO P3 olnts a. Net income was $35,000. b. Issued common stock for $64,000 cash. c. Paid cash dividend of $14,600. d. Paid $50,000 cash to settle a note payable.. e. Paid $12,000 cash to acquire its treasury stock. f. Purchased equipment for $39,000 cash. eBook Use the above information to determine cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign.) Hint Ask Statement of Cash Flows (partial) Cash flows from financing activities References $ 0

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