Question: Exercise 12-8 Cash flows from financing activities LO P3 a. Net income was $473,000. b. Issued common stock for $71,000 cash. c Paid cash dividend

Exercise 12-8 Cash flows from financing activities LO P3 a. Net income was $473,000. b. Issued common stock for $71,000 cash. c Paid cash dividend of $16,000. d. Paid $110,000 cash to settle a note payable at its $110,000 maturity value e. Paid $121,000 cash to acquire its treasury stock. f. Purchased equipment for $89,000 cash. 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.) Cash flows from financing activities

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