Question: Exercise 12-8 Cash flows from financing activities LO P3 16.66 points a. Net income was $35,000. b. Issued common stock for $64,000 cash. c. Paid

Exercise 12-8 Cash flows from financing activities LO P3 16.66 points

Exercise 12-8 Cash flows from financing activities LO P3 16.66 points a. Net income was $35,000. b. Issued common stock for $64,000 cash. c. Paid cash dividend of $14,600. d. Paid $50,000 cash to settle a note payable at its $50,000 maturity value. e. Paid $12,000 cash to acquire its treasury stock. f. Purchased equipment for $39,000 cash. eBook Print Use the above information to determine this company's cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign.) References Cash flows from financing activities

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