Question: Brief Exercise 11-31 (Algorithmic) Determining Net Cash Flow from Financing Activities Madison Company reported the following information: Madison reported net income of $22,000 for the

Brief Exercise 11-31 (Algorithmic) Determining Net Cash Flow from Financing Activities

Brief Exercise 11-31 (Algorithmic) Determining Net Cash Flow from Financing Activities Madison Company reported the following information: Madison reported net income of $22,000 for the year ended December 31,2019 . In addition, Madison repaid $64,000 of the notes payable during 2019. Required: Compute net cash flow from financing activities, Use a minus sign to indicate negative cash flows (outfows)

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