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Return to question Exercise 16-9 Cash flows from financing activities LO P3 5.55 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. Use the above information to determine cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign.) Answer is complete but not entirely correct. Statement of Cash Flows (partial) Cash flows from financing activities Issued common stock Paid cash dividend Repaid note payable Purchased treasury stock $ 64,000 (14,600) (50,000) (12,000) Net cash provided by financing activities 12.600)