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Stansfield corporation had the following activities in 2010

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Stansfield Corporation had the following activities in 2010.

1. Payment of accounts payable $770,000 4. Collection of note receivable $100,000

2. Issuance of common stock $250,000 5. Issuance of bonds payable $510,000

3. Payment of dividends $350,000 6. Purchase of treasury stock $46,000 Compute the amount Stansfield should report as net cash provided (used) by financing activities in its 2010 statement of cash flows. 

Reference no: EM131110653

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