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You have been given the following information about the Detroit zoo for the year ending...

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Finance

You have been given the following information about the Detroit zoo for the year ending December 31, 2019: Common equity of $1,262,272 and long-term debt of $313,780. for the year ending December 31,2020 the Detroit zoo has common equity of $1,577,516 and long term debt of $245,160. According to the income state for the year ending December 31, 2020 the detroit zoo reported net income of $993,848 and paid dividend is $878,604. Calculate the cash flow from financing activities for the year of the accounting statement of cash flows. (hint remember to account for retained earnings and dividends)

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