Exercise 12-9 Cash flows from financing activities L.O. P3 a. Net income was $470,000. b. Issued common stock for $74,000 cash. c. Paid cash dividend of $15,000. d. Paid $125,000 cash to settle a note payable at its $125,000 maturity value. e. Paid $124,000 cash to acquire its treasury stock. f. Purchased equipment for $93,000 cash. Use the above information to determine this company's cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign.)

Exercise 12-9 Cash flows from financing activities L.O. P3

a.	Net income was $470,000.
b.	Issued common stock for $74,000 cash.
c.	Paid cash dividend of $15,000.
d.	Paid $125,000 cash to settle a note payable at its $125,000 maturity value.
e.	Paid $124,000 cash to acquire its treasury stock.
f.	Purchased equipment for $93,000 cash.

  

Use the above information to determine this company's cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign.)