Question: Exercise 1 2 - 1 0 ( Algo ) Cash flows from financing activities LO P 3 a . Net Income was $ 4 7

Exercise 12-10(Algo) Cash flows from financing activities LO P3
a. Net Income was $474,000.
b. Issued common stock for $79,000 cash.
c. Pald cash dividend of $16,000.
d. Pald $100,000 cash to settle a long-term notes payable at its $100,000 maturity value.
e. Pald $119,000 cash to acquire its treasury stock.
f. Purchased equipment for $92,000 cash.
Use the above Information to determine cash flows from financing actlvitles.
Note: Amounts to be deducted should be Indlcated with a minus sign.
Exercise 12-10(Algo) Cash flows from financing activities LO P3 a. Net

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