Question:
Martinez Corporation engaged in the following cash transactions during 2012.
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Sale of land and building
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$189,530
|
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Purchase of treasury stock
|
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40,640
|
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Purchase of land
|
|
45,750
|
|
Payment of cash dividend
|
|
94,540
|
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Purchase of equipment
|
|
56,970
|
|
Issuance of common stock
|
|
155,140
|
|
Retirement of bonds
|
|
107,990
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Compute the net cash used (provided) by financing activities. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)