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  3. net income was $473,000. issued common stock for $

Net income was $473,000. Issued common stock for $70,000 cash. Paid cash dividend of $16,000. Paid $120,000...

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Economics

Net income was $473,000. Issued common stock for $70,000 cash. Paid cash dividend of $16,000. Paid $120,000 cash to settle a long-term notes payable at its $120,000 maturity value. Paid $116,000 cash to acquire its treasury stock. Purchased equipment for $91,000 cash. Use the above information to determine cash flows from financing activities.

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