Carrot Company issued common stock for proceeds of $381,000 during 2013.The company paid dividends of $90,000 and issued a long-term note payable for $95,000 in exchange for equipment during the year.The company also purchased treasury stock that had a cost of $18,000.The financing section of the statement of cash flows will report net cash inflows of

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The net cash inflows from financing activities are calculated as proceeds from issuing stock ($381,000) minus dividends paid ($90,000) minus the purchase of treasury stock ($18,000), resulting in $273,000. The issuance of a long-term note payable for equipment is a non-cash transaction and does not affect cash flows.

Carrot Company Issued Common Stock for Proceeds of $381,000 During