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  1. business
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  3. a. net income was $473,000. b. issued common stock

a. Net income was $473,000. b. Issued common stock for $75,000 cash. c. Paid cash...

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Accounting

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a. Net income was $473,000. b. Issued common stock for $75,000 cash. c. Paid cash dividend of $16,000. d. Paid $110,000 cash to settle a longterm notes payable at its $110,000 maturity value. e. Paid $118,000 cash to acquire its treasury stock. f. Purchased equipment for $89,000 cash. Use the above information to determine cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign.) a. Equipment with a book value of $80,500 and an original cost of $165,000 was sold at a loss of $31,000. b. Paid $115,000 cash for a new truck. c. Sold land costing $325,000 for $430,000 cash, yielding a gain of $105,000. d. Stock investments were sold for $94,200 cash, yielding a gain of $15,500. Use the above information to determine cash flows from investing activities. (Amounts to be deducted should be indicated with a minus sign.)

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