QS 12-14 Computing financing cash flows LO P3 Indicate which of the following has an effect on financing cash flows (Amounts that decrease cash should be indicated with a minus sign.) a. Notes payable with a carrying value of $15,000 are retired for $16.000 cash resulting in a $1,000 loss. b. Paid cash dividends of $11,000 to common stockholders. c. Acquired $20,000 worth of machinery in exchange for common stock. Items Notes payable Dividends Amount Effect on financing cash flows $ 1,000 Decrease S 11,000 Decrease $ O No effect b. C Machinery