1. Partial balance sheets for ABC Company and additional information are provided below.

	ABC Company
	Partial Balance Sheets
	as of December 31
	2024	2023
Assets:
Equipment	$100,000	$75,000
Accumulated depreciation	(25,000)	(20,000)
Shareholders' equity:
Common stock, $ 10 par	$180,000	$100,000
Paid-in capital—excess of par	20,000	0
Retained earnings	40,000	30,000

Additional information for 2024:

July 1:	Issued 8,000 shares of common stock for cash.
July 1:	Purchased new equipment for cash.
December 31:	Paid cash dividends of $20,000.

Required: Prepare the financing activities section of the statement of cash flows for 2024.