Problem

Use the following information to determine this company’s cash flows from financing activi...

Use the following information to determine this company’s cash flows from financing activities.

a. Net income was $472,000.


b. Issued common stock for $75,000 cash.


c. Paid cash dividend of $13,000.


d. Paid $120,000 cash to settle a note payable at its $120,000 maturity value.


e. Paid $118,000 cash to acquire its treasury stock.


f. Purchased equipment for $92,000 cash.

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