Exercise 16-8 Cash flows from financing activities LO P3 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. Use the above information to determine this company's cash flows from financing activities. (Amounts to be deducted should b indicated with a minus sign. Cash flows from financing activities Use the above information to determine this company's cash flows from financing indicated with a minus sign.) Cash flows from financing activities Cash paid for equipment Cash received from issuance of common stock Net income Paid cash dividend Purchased treasury stock 0 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. Use the above information to determine this company's cash flows from financing activities.( indicated with a minus sign.) Cash flows from financing activities Net income Paid cash dividend Purchased treasury stock Repaid note payable Sale of treasury stock K Prev 3 of 12 Next 20 F7 F6 F4 F5