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Exercise 1210 (Algo) Cash flows from financing activities LO P3 a. Net income was $475,000....

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Exercise 1210 (Algo) Cash flows from financing activities LO P3 a. Net income was $475,000. b. Issued common stock for $74,000 cash. c. Paid cash dividend of $11,000. d. Paid $125,000 cash to settle a long-term notes payable at its $125,000 maturity value. e. Paid $121,000 cash to acquire its treasury stock. f. Purchased equipment for $94,000 cash. Use the above information to determine cash flows from financing activities. (Amounts to be deducted should be indicated with minus sign.)

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