Comparative consolidated balance sheet data for Iverson, Inc., and its 80 percentowned subsidiary Oakley Co. follow:

		2014		2013
Cash	$	14,250	$	14,200
Accounts receivable (net)		67,400		43,500
Merchandise inventory		90,300		47,500
Buildings and equipment (net)		102,000		114,000
Trademark		103,600		119,000
Totals	$	377,550	$	338,200
Accounts payable	$	96,300	$	79,500
Notes payable, long-term		0		27,500
Noncontrolling interest		59,600		50,000
Common stock, $10 par		200,000		200,000
Retained earnings (deficit)		21,650		(18,800)
Totals	$	377,550	$	338,200

Additional Information for Fiscal Year 2014

	Iverson and Oakleys consolidated net income was $61,250.
	Oakley paid $6,000 in dividends during the year. Iverson paid $10,000 in dividends.
	Oakley sold $17,600 worth of merchandise to Iverson during the year.
	There were no purchases or sales of long-term assets during the year.

In the 2014 consolidated statement of cash flows for Iverson Company:

Net cash flows from financing activities were