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

Brief Exercise 11-31 (Algorithmic) Determining Net Cash Flow from Financing Activities Madison Company reported the following information: Madison reported net income of $31,000 for the year ended December 31, 2019. In addition, Madison repaid $49,000 of the notes payable during 2019 Required: Compute net cash flow from financing activities, Use a minus sign to indicate negative cash flows (outflows). X

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