Cash Flow from Financing Activities Using the information for the Seville Corporation, calculate the cash flow from financing activities. Accounts payable increase $7,200 Accounts receivable increase 3,200 Accrued liabilities decrease 3,000 Amortization expense 6.000 Cash balance, January 1 22,000 Cash balance, December 31 15,000 Cash paid as dividends 23.200 Cash paid to purchase land 90.000 Cash paid to retire bonds payable at par 48.000 Cash received from issuance of common stock 28,000 Cash received from sale of equipment 17.000 Depreciation expense 29.000 Gain on sale of equipment 4,000 Inventory decrease 13,000 Net income 60.800 Prepaid expenses increase 2000 Use o negative sign with answer to show cash outflow from (used by) financing activities Cash flow from (or used by) financing activities X