Stansfield Corporation had the following activities in 2014.\n1. Payment of accounts payable $770,000. 4. Collection of note receivable $100,000.\n2. Is
Stansfield Corporation had the following activities in 2014.
\r\n1. Payment of accounts payable $770,000. 4. Collection of note receivable $100,000.
\r\n2. Issuance of common stock $250,000. 5. Issuance of bonds payable $510,000.
\r\n3. Payment of dividends $350,000. 6. Purchase of treasury stock $46,000.
\r\nCompute the amount Stansfield should report as net cash provided (used) by financing activities in its 2014 statement of cash flows.