Exercise 12-1O (Algo) Cash flows from financing activities LO P3 a. Net income was $466,000. b. Issued common stock for $76,000 cash. c. Paid cash dividend of $12,000. d. Paid $100,000 cash to settle...

12 ex 8

Extracted text: Exercise 12-1O (Algo) Cash flows from financing activities LO P3 a. Net income was $466,000. b. Issued common stock for $76,000 cash. c. Paid cash dividend of $12,000. d. Paid $100,000 cash to settle a note payable at its $100,000 maturity value. e. Paid $123,000 cash to acquire its treasury stock. f. Purchased equipment for $92,000 cash. Use the above information to determine cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign.) X Answer is not complete. Statement of Cash Flows (partial) Cash flows from financing activities Issued common stock Os 76,000 O Paid cash dividend (12,000) O O (100,000) O (123,000) Repaid note payable Purchased treasury stock (159,000)