The following T account is a summary of the cash account of Martinez Company.

For Martinez Company what amount of net cash provided (used) by financing activities should be reported in the statement of cash flows? (SO 3)

Transcribed Image Text:

Balance, 1/1/06 Receipts from customers Dividends on stock investments Proceeds from sale of equipment Proceeds from issuance of bonds payable Balance, 12/31/06 Cash (Summary Form) 8,000 364,000 Payments for goods 200,000 6,000 Payments for operating expenses 140,000 36,000 Interest paid 10,000 Taxes paid 8,000 200,000 Dividends paid 41,000 215,000