Blaylock company earned net income of 900000 in


Blaylock Company earned net income of $900,000 in 2014.

Blaylock provided the following information: Blaylock Company Comparative Balance Sheets At December 31, 2013 and 2014

Bonds payable: none (2013) & 385,000 (2014);

Mortgage payable 100,000 (2013) & none (2014);

Common stock: 375,000 (2013) & 375,000 (2014);

Pain-in capital in excess of par: 280,000 (2013) & 280,000 (2014);

Retained earnings: 1,825,000 (2013) & 2,325,000 (2014)

Required: Compute the financing cash flows for the current year.

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Financial Management: Blaylock company earned net income of 900000 in
Reference No:- TGS01281598

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