Exercise 12-9 Cash flows from financing activities LO P3 3 a. Net income was $474,000. b. Issued common stock for $78,000 cash. c. Paid cash dividend of $17,000. d. Paid $110,000 cash to settle a note payable at its $110,000 maturity value. e. Paid $116,000 cash to acquire its treasury stock. f. Purchased equipment for $90,000 cash. points Book Use the above information to determine cash flows from financing activities. (Amounts to be deducted should be indicat minus sign.) Exercise 12-9 Cash flows from financing activities LO P3 a. Net income was $474,000. b. Issued common stock for $78,000 cash. c. Pald cash dividend of $17,000. d. Paid $110,000 cash to settle a note payable at its $110,000 maturity value. e. Paid $116,000 cash to acquire its treasury stock. f. Purchased equipment for $90,000 cash. Use the above information to determine cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign.) Statement of Cash Flows (partial) Cash flows from financing activities