Northington,Inc.is preparing the company's statement of cash flows for the fiscal year just ended.Using the following information,determine the amount of cash flows from financing activities:

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To determine the cash flows from financing activities, we need to look at any changes in long-term liabilities (e.g. loans, bonds) or equity. From the information given, we can see that the company issued $336,000 in bonds, repaid $120,000 in long-term debt, paid dividends of $55,000, and received proceeds of $147,000 from the sale of common stock. Therefore, the net cash flows from financing activities would be ($168,000) = ($336,000 - $120,000 - $55,000 + $147,000).