Sage World Corporation had the following activities in 2017. 1. Receipt on accounts receivable $1,822,000....
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Sage World Corporation had the following activities in 2017. 1. Receipt on accounts receivable $1,822,000. 2. Purchase treasury stock $66,000. 3. Payment of dividends $162,000. 4. Purchase of equipment $83,000. 5. Redemption of bonds payable $274,000. 6. Issuance of preferred stock $350,000. Compute the amount Sage World should report as net cash provided (used) by financing activities in its 2017 statement of cash flows. (Show amounts that decrease cash flow with either a-sign e.g.-15,000 or in parenthesis e.g. (15,000).) Net Cash in Financing Activities
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