Question: 5 Exercise 12-9 Cash flows from financing activities LO P3 Dints a. Net income was $480,000 b. Issued common stock for $71,000 cash. c. Paid

5 Exercise 12-9 Cash flows from financing activities LO P3 Dints a. Net income was $480,000 b. Issued common stock for $71,000 cash. c. Paid cash dividend of $14,000. d. Paid $100,000 cash to settle a note payable at its $100,000 maturity value. e. Paid $121,000 cash to acquire its treasury stock. f. Purchased equipment for $87,000 cash. eBook Hint Use the above information to determine cash flows from financing activities. (Amounts to be dedu minus sign.) Print Statement of Cash Flows (partial) Cash flows from financing activities References Mc Graw HII

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