Current Attempt in Progress Waterway Company issued common stock for proceeds of $388000 during 2020 . The company paid dividends of $78000 and issued a long-term note payable for $90000 in exchange for equipment during the year. The company also purchased treasury stock that had a cost of $12000 . The financing section of the statement of cash flows will report net cashinflows of $478000 $310000 $298000 $376000.