Acc422 Intermediate Accounting: BE23-2 Stansfield Corporation had the following

Acc422 Intermediate Accounting
BE23-2
Stansfield Corporation had the following activities in 2010.
1. Payment of accounts payable $770,000
2. Issuance of common stock $250,000
3. Payment of dividends $350,000
4. Collection of note receivable $100,000
5. Issuance of bonds payable $510,000
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. (Enter amount as positive.)
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