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  1. business
  2. accounting
  3. a. net income was $477,000. b. issued common stock

a. Net income was $477,000. b. Issued common stock for $75,000...

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Accounting

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a. Net income was $477,000. b. Issued common stock for $75,000 cash. c. Paid cash dividend of $11,000 d. Paid $115,000 cash to settle a note payable at its $115,000 maturity value. e. Paid $116,000 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.) Statement of Cash Flows (partial) Cash flows from financing activities

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