Question: Use the below information to determine cash flows from financing activities. Net income was $467,000. Issued common stock for $74,000 cash. Paid cash dividend of

Use the below information to determine cash flows from financing activities.


  1. Net income was $467,000.
  2. Issued common stock for $74,000 cash.
  3. Paid cash dividend of $16,000.
  4. Paid $130,000 cash to settle a long-term notes payable at its $130,000 maturity value.
  5. Paid $119,000 cash to acquire its treasury stock.
  6. Purchased equipment for $95,000 cash.

Statement of Cash Flows (partial) Cash flows from financing activities 

Statement of Cash Flows (partial) Cash flows from financing activities

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