Question: Exercise 12-9 Cash flows from financing activities LO P3 a. Net income was $469,000. b. Issued common stock for $75,000 cash. c. Paid cash dividend

Exercise 12-9 Cash flows from financing activities LO P3 a. Net

Exercise 12-9 Cash flows from financing activities LO P3 a. Net income was $469,000. b. Issued common stock for $75,000 cash. c. Paid cash dividend of $11,000. d. Paid $105,000 cash to settle a note payable at its $105,000 maturity value. e. Paid $121,000 cash to acquire its treasury stock. f. Purchased equipment for $93,000 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

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