Oerings Furniture Corporation is a Virginia-based manufacturer of furniture. In a recent year, it reported the following

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Oering’s Furniture Corporation is a Virginia-based manufacturer of furniture. In a recent year, it reported the following activities:
Net income .............. $ 5,135
Purchase of property, plant, and equipment .. 1,071
Borrowings under line of credit (bank) .... 1,117
Proceeds from issuance of stock ........ 11
Cash received from customers ....... 37,164
Payments to reduce long-term debt ....... 46
Sale of marketable securities .......... 219
Proceeds from sale of property and equipment ... 6,894
Dividends paid ................ 277
Interest paid ................ 90
Purchase of treasury stock (stock repurchase) ... 2,583
Required:
Based on this information, present the cash flows from investing and financing activities sections of the cash flow statement.

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
Line of Credit
A line of credit (LOC) is a preset borrowing limit that can be used at any time. The borrower can take money out as needed until the limit is reached, and as money is repaid, it can be borrowed again in the case of an open line of credit. A LOC is...
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