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Additional Information: Equipment Costing $100,000 Was Sold for $70,000.Accumulated Depreciation on This

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        Additional information: Equipment costing $100,000 was sold for $70,000.Accumulated depreciation on this equipment was $20,000. Dividends of $38,000 were declared and paid. Bonds were issued at face value of $300,000. Common stock of $55,000 was issued to acquire land. Investments (stock in IBM)were purchased for $275,000. Using the information provided,prepare the cash flows from financing activities for The Dolmen Company.         Additional information: Equipment costing $100,000 was sold for $70,000.Accumulated depreciation on this equipment was $20,000. Dividends of $38,000 were declared and paid. Bonds were issued at face value of $300,000. Common stock of $55,000 was issued to acquire land. Investments (stock in IBM)were purchased for $275,000. Using the information provided,prepare the cash flows from financing activities for The Dolmen Company.         Additional information: Equipment costing $100,000 was sold for $70,000.Accumulated depreciation on this equipment was $20,000. Dividends of $38,000 were declared and paid. Bonds were issued at face value of $300,000. Common stock of $55,000 was issued to acquire land. Investments (stock in IBM)were purchased for $275,000. Using the information provided,prepare the cash flows from financing activities for The Dolmen Company.         Additional information: Equipment costing $100,000 was sold for $70,000.Accumulated depreciation on this equipment was $20,000. Dividends of $38,000 were declared and paid. Bonds were issued at face value of $300,000. Common stock of $55,000 was issued to acquire land. Investments (stock in IBM)were purchased for $275,000. Using the information provided,prepare the cash flows from financing activities for The Dolmen Company. Additional information:
Equipment costing $100,000 was sold for $70,000.Accumulated depreciation on this equipment was $20,000.
Dividends of $38,000 were declared and paid.
Bonds were issued at face value of $300,000.
Common stock of $55,000 was issued to acquire land.
Investments (stock in IBM)were purchased for $275,000.
Using the information provided,prepare the cash flows from financing activities for The Dolmen Company.

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