Swasey Company earned net income of $1,800,000 in 20X2. Swasey provided the following information:

Swasey Company

Comparative Balance Sheets

At December 31, 20X1 and 20X2

20X1 20X2

Bonds payable..................$ -.................$ 770,000

Mortgage payable...........200,000.........................-

Swasey Company

Comparative Balance Sheets

At December 31, 20X1 and 20X2

20X1 20X2

Common stock.........................750,000.................750,000

Paid-in capital in excess of par.......560,000.................560,000

Retained earnings....................3,650,000...............4,650,000

Required:

Compute the financing cash flows for the current year.