Answer:
Net cash provided by financing activities $334,000
Explanation:
The question is to determine the cash flow from the organisation's financing activities as follows.
The statement of Cash flow of an organisation is divided into Cash flow from Operating, financing and Investing activities
A few of the items in the question will not reflect as follows:
1) The net income is part of the operating activities and will not be part of the financing activities
2) The purchase of equipment will be part of the investing activities not financing activities
Cash flows from Financing Activities
Description Amount ($)
Cash received from the common Stock 71,000
Payment of cash dividends 16,000
Payment to settle note payable 130,000
Payment to acquire treasury stock 117,000
Net cash provided by financing activities 334,000
